Nobody likes to lose a deal over $5, but Best Buy may find themselves on the losing end of a price battle with Walmart on the new iPhone 5c. Best Buy shocked everyone with their $50 price tag. Walmart will not be outdone when it comes to price. Now if they’d only reduce the price of their bananas…
Walmart undercuts Best Buy by $5 on iPhone 5c
The iPhone 5c price drop war is on. After Best Buy announced on Thursday that it was planning to offer Apple’s iPhone 5c for $50 with a two-year contract — $50 less than Apple’s $99 price — Walmart has announced that it will offer the phone for $45.
“This is what we do — low prices is what we do,” Sarah Spencer McKinney, director of corporate communications for Walmart, told ABC News. “As a price leader, we are always looking for ways to surprise our customers with low prices and disrupt the competition.”
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