Apple Begins Clearing U.S Inventory Of iPhone 5 Units Ahead Of Next iPhone Launch?

Apple Begins Clearing U.S Inventory Of iPhone 5 Units Ahead Of Next iPhone Launch?


As we continue to hurtle towards Apple’s Fall-based media event, a number of reports are this weekend surfacing which suggest the Cupertino, CA company is now looking to clear excess inventory of its iPhone 5, (at least at third-party resellers).

Specifically, Mashable reports that retailer Walmart has agreed to slash the price of the handset from its usual $189 (with contract), to $129 (with contract). The in-store deal went live early on Saturday and it is expected that the new price will be fixed until the introduction of Apple’s next-generation model.

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One third-party reseller running a sale on Apple’s latest handset doesn’t necessarily equal clearing stock, granted — However, news then arrived that U.S-based carrier AT&T has also agreed to drop the price of Apple’s iPhone 5 with contract, this weekend, seeing the mobile network sell the handset for the new price of just $99.99. That’s right, less than $100!

If the above aren’t signs that we’re in for a new version of the iPhone, ‘soon,’ we really don’t know what are.

Apple is currently expected to introduce the next-generation of its iPhone at one of its special event media to be held, later this year. The new handset is expected to be a ‘minor’ upgrade on today’s flagship model, carrying over the same exterior design as seen with the iPhone 5, but will likely feature a new ‘A’-series processor, speed improvements and handset-exclusive software features.