Walmart discounts: Apple iPhone 5 cuts $63

December 16 news, according to foreign media reports, Wal-Mart Friday (December 14) said that it has begun a substantial discount in several thousand stores selling Apple's iPhone 5 smart phone.

According to Wal-Mart, the 16GB version of the iPhone 5 now sells for $127, while the original sales price is $189.97. This price is the price of a two-year service contract with operators such as Verizon, Sprint and AT&T.

Walmart also discounts the sale of the 16GB version of the iPhone 4S and the 16GB version of the fourth-generation iPad with retina display and WiFi capabilities.

The preferential sales time was 30 days, and it was mainly sold in Wal-Mart's 3,000 stores and was not sold on the Internet.

For many years, Apple has focused on high-priced premium products and strictly requires retailers and distributors to enforce their prices. However, a spokesman for Wal-Mart said on Friday that the discount sale was negotiated with Apple. Apple is a good partner.

Wal-Mart will cut the initial price of the iPad from $499 to $399. From December 17th, Wal-Mart will also present a $30 iTunes card.

Wal-Mart now cuts the price of the 16GB version of the iPhone 4S from $89.97 to $47.

Apple did not comment on the news.