In a move clearly meant to attract holiday shoppers, Best Buy has dropped the price of the iPhone 5 and iPhone 4S by $50 each, offering Verizon, AT&T and Sprint customers the lowest price available for Apple’s latest flagship handset and its predecessor.
The price cut also extends to the 32GB and 64GB models, with the devices retailing for $250 and $350, respectively, compared to their original $300 and $400 price tags.
Of course the discount only applies to phones purchased alongside a two-year contract, with Best Buy limiting customers to a cap of two handsets per person. The retailer has also put restrictions on which devices are available online, with only Verizon and Sprint iterations making the cut. AT&T customers will have to visit their local Best Buy store to pick up a marked down smartphone.
Available only until January, the deal also includes a discounted iPhone 4S, with Best Buy knocking the price of the handset down from $100 to $50. The same limitations apply, so those interested better act fast.
One of the most highly-anticipated smartphones to hit the market this year, the sixth-generation iPhone from Apple is still in high demand, though the handset is more readily available as the usual post-launch delays have calmed. With Amazon becoming a more popular destination for discounted electronics, especially around the holidays, Best Buy’s iPhone 5 mark down could be the catalyst the retailer needs to compete with the Internet giant this shopping season.
You can learn more about the iPhone 5 in our review.