Walmart iPhone 5C: Retailer slashes iPhone price to $27

Thinking of buying someone in your family a smart phone for Christmas, but that $199 price tag is a little too much? 

Then Walmart may have just stepped in to the rescue.

The iPhone 5C will get a huge price cut on Friday in Walmart stores, just in time for holiday shopping.

The chain will offer the phone for $27 with a new two-year contract from AT&T or Verizon -- a 70 percent discount from the original $99 price when it was released in stores last September.

The plastic-bodied cell phone hasn't been selling as well as hoped since its release date.

Other Apple Markdowns

Other Apple products will receive a markdown as well.

The iPhone 5S is available during the sale for $127 with a two-year contract.

Walmart is also offering a $50 gift card with the 16 GB iPad mini.

The prices will be in effect Friday at 8 a.m. through Dec. 24 or while supplies last. It just might make a great stocking stuffer for that special someone.

As always, don't waste your money.

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