If you wanted to pick up an iPhone 4S or iPhone 5, you might want to check out Walmart's latest deals. They've permanently dropped the price of the iPhone 4S to $39, and the iPhone 5 has been slashed to $129.
The iPhone 4S is available with AT&T, Sprint and Verizon at $39 on-contract compared to its previous price of $90. The iPhone 5 on the other hand, has dropped from its normal price of $190 to $129, and is available on AT&T and Verizon. Walmart should see iPhone's flying out of the door at these reduced prices.