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iPhone 5 Drops to $98 at Walmart Ahead of iPhone 5S Release

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Walmart is selling the iPhone 5 for just $98 on a two-year contract, effectively chopping $100 off the price of the flagship iPhone a month ahead of the rumored iPhone 5S release date.

This is the latest iPhone 5 deal to arrive from Walmart, which chopped the price of the iPhone 5 down to $128 in June. Apple normally exercises dramatic price controls over the iPhone , but with the iPhone 5 retailers and carriers are offering many more discounts and deals.

Walmart also offers the iPhone 4S for $39, $60 less than carriers and most other retailers charge for the mid-range iPhone on a two-year contract.

Read: Should I Buy the iPhone 5 or Wait for the iPhone 5S?

These iPhone 5 deals are valid for AT&T, Sprint and Verizon at a Walmart Wireless Center. These special in-store cell phone stores are available at most Walmart Super Centers. There is no deal on the T-Mobile iPhone 5 which Walmart does not sell on a payment plan or contract.

This iPhone 5 deal doesn’t appear to work on the iPhone 5 32GB or 64GB models. Best Buy is running a trade in promotion to get the iPhone 5 32GB for $149 with a iPhone trade in.

Walmart drops the price of the iPhone 5 to $98 ahead of the iPhone 5S release.

Walmart drops the price of the iPhone 5 to $98 ahead of the iPhone 5S release.

While $100 off the iPhone 5 is a very tempting deal, there is a reason Walmart is dropping the price so much. While the iPhone 5S should look a lot like the iPhone 5 and come with the same 4-inch Retina Display, rumors do include a lot of features that shoppers should wait to see before buying an iPhone.

Read: Why You Shouldn’t Buy the iPhone 5 Right Now

The iPhone 5S announcement is all but confirmed for September 10th where we should see a new iPhone that may include a gold color option, more storage and a faster processor. There are also rumors of a better camera, finger print sensor and special iOS 7 features that don’t come to the iPhone 5 or iPhone 4S.

At this point we are likely three weeks away from the iPhone 5S release date, which means it is only a small amount of time left to wait for the latest iPhone to arrive.

Read: iPhone 5S Video: Release Date & Rumor Roundup

When the iPhone 5S release date hits, the iPhone 5 price should drop to $99 on all carriers, like the iPhone 4S before it. It’s a good idea to wait for the iPhone 5S to see if it offers any must have features before locking into a two-year contract.

That said, shoppers who are just waiting for the iPhone 5S release to arrive and knock down the price of the iPhone 5 can go ahead and beat the rush and get an iPhone that will see an upgrade to iOS 7 in the next several weeks.

Users who are upgrading from the iPhone 4S can trade in their old iPhone for up to $270 in cash or $300 in Amazon store credit to pay for the cost of the iPhone 5 with money to spare for new accessories.

Josh Smith is Editor of GottaBeMobile and Notebooks.com. He's always looking for ways to help you get the most of your gear and loves to talk about tech on radio and TV. Josh uses an iOS and Android devices as well as Mac and Windows Computers. Josh Smith on Google+ Email: [email protected]

4 Comments

  1. Himanshu

    08/30/2013 at 7:42 am

    This is a shocker really but it has started to happen way to often as soon the new version launch the old version fall apart.

    • Tusshar

      12/05/2013 at 11:08 pm

      Haha…Why it is shocking? It is the rule of the nature otherwise who would go for new phones.

  2. larry

    08/31/2013 at 8:52 pm

    the 5s should be the same price, im on ios 7 beta on my iphone 5 and from what i see on new features forget it the S MODELS ARE JUST A SLIGHT UPDATE!! i see ya all on the flip side next year september 2014 iphone 6 ios 8 and see if apple gets there shit together?? here are some features they should have,,,a five inch screen,,,,a higher res pixal screen of 1980 by 1100,,,,a removable battery,,,a mini sd card option for more memory,,a better camera 13 mega pix or more,,a 2 gb ram not the same old 1 gb current,,, and most of all a water resistant and dust proof,,,THIS WILL KEEP APPLE ON TOP, NOT JUST THE OOOOOOHH I HAVE A IPHONE LOOK AT ME!! YA BUT IT SURE LAGS AFTER NOW 7TH GENERATION 5S STILL THE SAME OLD CRAP!! WAKE UP APPLE!! ALL THAT PROFIT AND $$$$ NOT YET???? HELLO!!! not all the restrictions than you have to jailbreak and still lag!!

  3. Gayle

    09/05/2013 at 1:31 pm

    Uh….”We don’t know when we will get them, the warehouse ships them when they have them. We never know if or how many we will get.” A great scam from a big company. You will most likely never get one. Employee said, it was a price change. Well if you don’t have any, don’t know when you will, won’t call anyone, it means nothing.

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