In an unprecedented move, Walmart has cut the price of the entry level iPhone 5 to $127, 9 To 5 Mac reports.
It's also selling the iPhone 4S for $47 and the newest iPad for $399.
Typically, the entry level iPhone 5 costs $199, the iPhone 4S costs $99, and the iPad costs $499.
You have to go to Walmart stores to get the discount. And it looks like it's only going to run until the end of the year.
We're not sure what's going on with these discounts, but they're great deals.
If we had to guess, we'd say Walmart is willing to take a $72 loss on sales to get more people in its stores.
That said, for investors worried about iPhone sales, this isn't a great sign. If demand was strong, Walmart probably wouldn't need discounts.
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