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Entries in Holiday Deals (2)

Friday
Oct042013

Price War: Walmart Is Latest to Drop Price of iPhone 5c

Apple, Inc.(NEW YORK) -- The iPhone 5c price drop war is on. After Best Buy announced Thursday that it was planning to offer Apple's iPhone 5c for $50 with a two-year contract -- nearly half of Apple's $99 price -- Walmart has announced that it will offer the phone for $45.

"This is what we do -- low prices is what we do," Sarah Spencer McKinney, director of corporate communications for Walmart, told ABC News. "As a price leader, we are always looking for ways to surprise our customers with low prices and disrupt the competition."

McKinney told ABC News to expect the price to remain at $45 throughout the holiday season. The deal began on Friday and is only available to customers in stores who sign a two-year contract on the handset.

While both Walmart and Best Buy maintain that this is just a deal to drive attention to the iPhone 5c, the price drop comes as the higher-end iPhone 5s has been sold out at various stores. The 5s has a faster processor, better camera and a new fingerprint reader embedded in the home button.

Apple declined to comment on the Best Buy or Walmart deals or on the specific sales numbers of the iPhone 5c.

"I think the 5c has gotten overshadowed and, given that the 5s isn't available everywhere, this is a way to get people excited about the latest and greatest Apple product," Stephen Baker, vice president of industry analysis at NPD, told ABC News.

Copyright 2013 ABC News Radio

Sunday
Nov272011

Cyber Monday Begins Earlier This Year

Robyn Beck/AFP/Getty Images(NEW YORK) -- Those not weary from Black Friday's blowouts may find the energy to peruse Cyber Monday deals, many of which actually begin on Sunday this year.

Last year, more than 100 million consumers shopped online on Cyber Monday, according to personal finance security service BillGuard.

Online shoppers would be wise to comparison shop and maximize the rewards they can earn.

While shopping online, if you have a credit card that rewards you with points, use those racked-up points to purchase gifts for your loved ones, said personal finance expert Farnoosh Torabi with Chase Ultimate Rewards. Chase card members with Ultimate Rewards, for example, can redeem their points for gifts and discounted gift cards. Card members who use reward points to shop on Cyber Monday will also save 25 percent on merchandise at the Ultimate Rewards mall.

"Depending on your points balance, some gifts could even end up being free," she said.

Here is a sneak peak of some of the companies to offer Cyber Monday deals: AAFES (Army and Air Force Exchange Service), Academy Sports and Outdoors, Ace Hardware, Babies"'R" Us, Banana Republic, Bass Pro Shops, GameStop, Half Price Books, Kmart, Macy’s, Sears, Walmart and JCPenney, just to name a few.

Copyright 2011 ABC News Radio







ABC News Radio