iPhone 5 Discount: Apple iPhone 5 Selling at a Discount in Wal-Mart Stores

iPhone 5 Discount: It is no big surprise to most consumers that Wal-Mart has the lowest prices around. That being said, there was a big surprise last Friday when the retail giant began selling the popular Apple Inc. (NASDAQ:AAPL) iPhone 5 at a large discount. While this deal is not available in every Wal-Mart store, thousands of locations throughout the United States are participating.

Apple Inc. (AAPL) iPhone 5Apple Inc. (NASDAQ:AAPL) Press Info

According to a recent story on CNBC.com, “Wal-Mart is selling the 16 GB Apple iPhone 5 for $127, versus an original price of $189.97.”

The story goes on to add that the price is only valid with a two-year contract from AT&T, Sprint, or Verizon.

For those who are not interested in the 16 GB Apple iPhone 5, Wal-Mart is offering a discount on the still popular 16 GB iPhone 4S.

Additional details from CNBC on the Wal-Mart sale include:

- Expected to be available for 30 days

- Available in approximately 3,000 Wal-Mart locations

- Not available for purchase online

Many people find this sale a bit shocking, since Apple Inc. (NASDAQ:AAPL) has been opposed to these types of discounts in the past. For one reason or the next, Wal-Mart was able to breakthrough where other retailers have failed time after time.

Wal-Mart spokeswoman Sarah Spencer told CNBC, “We worked together with them on this. They are a great partner.”

This past weekend, the iPhone 5 got off to a nice start in China – selling more than 2 million units.

With the Apple Inc. (NASDAQ:AAPL) iPhone 5 becoming available in Wal-Mart stores, especially around the holiday season, it is safe to assume that sales will take off. This is particularly true with a lower price point in place for a limited time.

How do you feel about this partnership? Do you think Apple Inc. (NASDAQ:AAPL) made a good move, or should they have stuck with their past policy of not allowing retailers to offer such a deep discount?

Check back here for more updates on iPhone 5 Discount.

Recommended Reading:

European Tablet Market

Apple Fingerprint Scanner

Apple Versus Microsoft

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!