Wal Mart slashing prices on iPhone

Apple iPhones on sale

Bentonville, Ark. -  

The world's largest retailer is slashing the prices of Apple's iPhone.

The iPhone 5 normally costs $199; however, Wal Mart is selling the device for $127. The iPhone 4S is going for $47. 

Wal Mart says these deals are only available for the next 28 days and can only be made at the stores, not online.

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