Apple iPhone 5 16GB Smartphone for $127 in Walmart stores, iPhone 4S for $47

With a new 2-year agreement, Walmart retail stores offer the Apple iPhone 5 16GB Smartphone in Black or White for $127. That's the lowest price we've seen for the iPhone 5 and it's a current price low by $23. (RadioShack offers it in-store for $149.99 with $30 in RadioShack credit.) Sales tax is added where applicable. It features an Apple A6 processor, 326-ppi (pixel per inch) Retina 4" display running at 640x1136, front- and rear-facing cameras, 8-megapixel camera with LED flash, 1080p video capture at 30 fps, 802.11n dual-band wireless networking, 1GB RAM, dual microphones, and more.

Also with a new 2-year agreement, Walmart retail stores offer the Apple iPhone 4S 16GB Smartphone for $47. That's the lowest total price we could find by $3. The iPhone 4S is powered by the Apple A5 dual-core processor and features a 8-megapixel camera which is capable of recording 1080p video at 30 fps with image stabilization. It also features a dual-antenna system, AirPlay Mirroring, Siri voice-activated assistant, an 8-hour battery life, and more.