IPhone discounts pouring in

Wal-Mart begins cutting prices on the current model, following moves by Sprint and other retailers trying to clear out inventory before the iPhone 5 debuts.

By Kim Peterson Aug 23, 2012 1:32PM
To the surprise of absolutely no one, the iPhone 4S is getting discounted nearly across the board as retailers prepare for the next version to debut this fall.

Wal-Mart (WMT) has begun selling the 16 GB version of the iPhone 4S for just $148. That's a $40 discount from before, though you still have to sign a two-year contract with AT&T (T), Sprint (S) or Verizon (VZ) to get it.

Sprint, by the way, already chopped the price of the iPhone 4S earlier this month to $149, reports AllThingsD. Target (TGT) sells the device for $150, PC World reports.

You may not see these discounts at Apple (AAPL) retail stores, but it doesn't hurt to ask. Apple employees have authorization to match some discounts, which makes sense, because the company doesn't want to get stuck with a lot of inventory as the new device comes out. IPhone sales already began slowing in the company's recently reported quarter as buyers delayed purchases.

The tech world is expecting the next iPhone -- presumably called the iPhone 5 -- to be announced on Sept. 12 and go on sale by Sept. 21. It very well could be Apple's biggest product ever, and anticipation is very high. With new models out from Samsung that are nothing short of spectacular, Apple will need to show the world something big just to stay a step ahead.

Don't buy that iPhone 4S just yet, analysts say. The following video has more details:

13Comments
Aug 24, 2012 10:14AM
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After watching the video if the main jack is a different design, does that make all existing speaker systems, etc. non-usable with the iphone 5?  If that's the case, Apple is shooting themselves in the foot.  

On another note: Spammers suck!  Go away you worthless jerks.

Aug 24, 2012 12:55AM
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dont wates your money on this smart phone crap save it for a rainy day ... do the math if you had a smart phone for 10 years and you paid aleast 75 dollars a month you would be spended $9000 dollars plus the cost of the phone..
Aug 24, 2012 11:54AM
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I can run a trac phone for two years for $150.  There are a million suckers born every day.

Aug 24, 2012 10:32AM
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Poor Apple lemmings- another round of the revolving door.  You just spent 3 days waiting in line for your must -have  I-4 and paid a huge price for it.  Now they have an even sparklier one with more nifty gimmicks and yours is worthless- back in line for another 3 days after a stop at the ATM.  Who could of guessed back in the day when Apple showed that commercial with all those gray people listening to Big Brother that the gray people were Apple's customers and Big Brother was Steve Jobs.
Aug 24, 2012 1:24PM
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Apple doesn't need to do anything to stay one step ahead.  people would buy the iPhone5 if it was the iPhone 4 released with a new box.  Apple buyers are EXTREMELY dedicated and will buy iPhone even when more advanced phone models exist. Nothing like blindly following a company right?  
Aug 24, 2012 12:56PM
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How is it possible that my comment on another article said it was spam, but 90% of the comments on this page alone were spam?

 

With the smaller dock did they just screw everyone who has accessories? If you buy the new iphone will you have to buy all new accessories that fit only the iphone 5? Sure wouldn't surprise me. They make a ton of money on wire that's worth a few pennies. $30 for a connector? Come on, how about $7 or $8?

Aug 24, 2012 8:21AM
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Once you go Korean (Samsung) you'll never want Chinese (Apple) again.  It's no wonder these phones are being discounted.
Aug 24, 2012 9:56AM
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This guy is super shocked that the headphone jack will be on the bottom? Thats how most generations of the iPod touch are....
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