Beginning tomorrow, Radio Shack will be selling the 16GB iPhone 5s for $99 with two-year contract on AT&T, Verizon and Sprint. This is $100 off the standard $199 price and one of the lowest prices we've seen for a new iPhone 5s.
It's unclear if the price drop will be permanent or just a temporary price, but a source at Radio Shack says the promotion does not currently have an end date. For many, the discount will matter less with the new pay-by-the-month phone financing plans offered by AT&T and Verizon, but for customers still on a two-year contract plan, the $100 discount could encourage customers to choose the iPhone 5s over the 5c.
Radio Shack has sold the iPhone since 2009 and has often offered discounts on refreshed and new iPhones numerous times a year. Radio Shack is offering trade-ins on older iPhones, including a minimum of $100 on the iPhone 4s, meaning customers trading in that phone can receive the iPhone 5s for free.
Top Rated Comments
As great as that'd be, I really doubt Radio Shack is the one store with an inside scoop.
Actually, RadioShack, WalMart, BestBuy, etc are taking a hit on the down payment price because their real revenue comes from the bounty for getting people to sign up for a contract.
It has nothing to do with inventory, it is all about driving traffic to their stores.