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Wal-Mart gives discount for Apple products

iPhone discounts are typical this time of year, but Wal-Marts deal will be tough to beat. The retail giant says it's slashing the price of the 16 gigabyte iPhone 5 to $98 with a two-year service contract. The phone usually costs $200 dollars. Wal-Mart is also cutting $50 off the price of its 10-inch iPads, putting them at a price tag of $349 t0 $449 dollars depending on the version. Other retailers, including RadioShack and Best Buy, are also cutting prices to clear inventory ahead of Apple's expected unveiling of new versions of the iPhone and possibly the iPad.