Walmart to slash iPhone 5S and 5C prices

Mumbai:  Walmart is reportedly planning to cut down Apple iPhone 5S and 5C prices to $99 and $29 respectively following a two-year contract. These are the prices for the 16GB version of the iPhone 5S and 5C. Prices for the 32GB version are expected to be lowered as well.

However, the announcement about the 32GB version has not been made public yet. Walmart is also expected to lower the prices of the fifth-gen iPod Touch 16GB to $195.

There are predictions that Walmart is emptying the stock since Apple is likely to launch a new version of the iPhone this summer, reports the Mashable. Radioshack reportedly had similar offers for several weeks with their prices being identical to Walmart's.