Walmart will begin offering the 16 GB iPhone 5c for $0.97 with a two-year contract during the next 90 days, reports Engadget.
It is likely that these new price drops are being done to get rid of existing inventory before the introduction of the iPhone 6, which will be unveiled on September 9 and likely go on sale about a week later. The 4.7-inch iPhone 6 is expected to be launched first, as the release of the 5.5-inch version may be delayed due to production issues. Both versions are likely to incorporate a faster A8 chip, a new camera system, an improved Touch ID fingerprint sensor, and iOS 8.
Article Link: Walmart Dropping Price of iPhone 5c to $0.97, iPhone 5s to $79 for 90-Day Period