Walmart will begin offering the 16 GB iPhone 5c for $0.97 with a two-year contract during the next 90 days, reports Engadget.
The move by the retailer follows a permanent discount of the 16GB iPhone 5c to $29 in June, as Walmart will offer the special pricing to customers on AT&T, Sprint, Verizon, and US Cellular. The company is also dropping the on-contract price of the 16GB iPhone 5s to $79, down from $99.
It is likely that these new price drops are being done to get rid of existing inventory before the introduction of the iPhone 6, which will be unveiled on September 9 and likely go on sale about a week later. The 4.7-inch iPhone 6 is expected to be launched first, as the release of the 5.5-inch version may be delayed due to production issues. Both versions are likely to incorporate a faster A8 chip, a new camera system, an improved Touch ID fingerprint sensor, and iOS 8.


from MacRumors: Mac News and Rumors - All Stories
It is likely that these new price drops are being done to get rid of existing inventory before the introduction of the iPhone 6, which will be unveiled on September 9 and likely go on sale about a week later. The 4.7-inch iPhone 6 is expected to be launched first, as the release of the 5.5-inch version may be delayed due to production issues. Both versions are likely to incorporate a faster A8 chip, a new camera system, an improved Touch ID fingerprint sensor, and iOS 8.
from MacRumors: Mac News and Rumors - All Stories
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