Walmart slashing iPhone prices

Walmart is cutting iphone prices.

With a two-year contract, a 16-gigabyte iPhone 5S will cost $99, down from $149.

The 16-gigabyte iPhone 5C will be $29, down from $49.

The deal is only for purchases made at Walmart stores, not online.

The price slash is fueling speculation that apple is preparing to release a new phone. Walmart says it’s just aiming to offer customers great prices.

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