Normally iPhone prices don’t drop until the release of the next edition of the smartphone by Apple, but Walmart has made a big statement by dropping the prices of both the iPhone 5 and iPhone 4S.
The iPhone 5 will come at $129 with a two-year contract and the iPhone 4S will start at just $39 with a two-year contract. This is a $70 drop on the prices normally and it seems like Walmart has some insider knowledge or is preparing for a new iPhone release in the coming weeks.
However, Apple’s next event isn’t until October, so the only other possible outcome could be Apple reveal the iPhone 5S without an event, something that is unlikely to happen. The iPhone 5S will not feature a new design or big increases on the iPhone 5, but anything new is worthy of an Apple event.