Do Falling iPhone Prices Signal The Launch Of The iPhone 6?

With every season comes a forerunner—drizzly rain that means spring, chilly nights that mean autumn and falling iPhone prices that mean the new iPhone season is upon us again.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Today, customers who managed to hold out long enough will now be able to buy the iPhone 5 and 5S for $29 and $99 and Walmarts nationwide. C|Net reports that Walmart’s iPhone 5’s price will come down to about $20, while the 5S will be down in price about $30.

    Walmart isn’t alone in slashing iPhone Prices, Best Buy in May launched a weekend-long program that let users trade older model iPhones for the 5C or 5S at steeply discounted prices. The iPhone 5S went on sale for $100 and the 5C for $50, comparable to Walmart’s pricing.

    Typically, falling prices signal the forthcoming entrance of a new Apple product to the market. In the weeks before the iPhone 5S and 5C debuted last September, the price of the iPhone 5 plunged at retailers like Target, Walmart and Best Buy.

    Walmart is also lowering the price of the 16G iPod Touch in tandem with the lowering of the phone prices.

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

    Advertisement: Scroll to Continue