Best Buy to begin $50 discount off iPhone 5 beginning this Sunday

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Date: Friday, May 24th, 2013, 06:59
Category: iPhone, retail

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The shall be SAVINGS this holiday weekend!!!

Per AllThingsD, retailer Best Buy will be extending a US$50 discount on every current iPhone offering when purchased with a 2 year contract starting this Sunday. This promotion is said to make a 4 week run and will drop the price of an iPhone 5 down to just US$150.

Historically speaking, iPhones do not typically see many discounts until they near the end of their life cycle when retailers try to clear old stock. But the iPhone 5 has been on sale a couple times already, as low as US$127 from a Walmart in-store promotion. It’s believed that increased competition from low-cost smartphones and retailers attempting to drive traffic into stores are catalysts for these promotions.

Stay tuned for additional details as they become available and if you’ve seen any spiffy Mac discounts for the holiday weekend, please let us know in the comments.

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