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Walmart cuts iPhone prices Published: June 27, 2014

If you're still holding out for the price of the newest iPhones to drop, your time has come, says CNN Money.

Walmart said it is cutting the price for both the iPhone 5s and 5c beginning 9 a.m. Friday.

With a two-year contract, a 16-gigabyte iPhone 5S will cost $99, coming down from $149. The 16-gigabyte iPhone 5c will be $29, down from $49.

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