Apple Inc. (AAPL) iPhone 5S Price Drops to $125 at Best Buy

Apple Inc. (AAPL) iPhone 5S Price Drops to $125 at Best Buy
ElisaRiva / Pixabay

For a limited time, shoppers can purchase the new iPhone 5S for just $125 at Best Buy, saving buyers $75. This offer is exclusive to the iPhone 5S 16GB. It’s available online and in-store.

iPhone 5S deal is a limited offer

This offer is valid with three major carriers including AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), and Sprint Corporation (NYSE:S). This offer ends on Saturday. The iPhone 5C will still remain free with all carriers but it still requires a two-year contract.

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Apple Inc. (NASDAQ:AAPL)’s iPhone 5S is still relatively new in the market yet it’s proven to be a success. That said, the anticipation for the upcoming iPhone 6 is still strong as tech fans are hoping for something truly revolutionary. Many analysts are anticipating a larger iPhone with phablet style. Cantor Fitzgerald’s Brian White believes the next Apple Inc. (NASDAQ:AAPL) phone will feature a bigger screen and will generate positive ripple effects for the company. In White’s recent research note, he opines that new products added with new markets will help expand the growth. He wrote the following in a note to Apple Insider, “For 2014, we expect Apple to enter new product categories, re-accelerate growth in China and deepen its offerings in existing categories.”

Predictions for Apple

White predicts Apple will debut the iWatch this year. He also speculates the company will unveil a hybrid device that’s bigger than the iPad yet more mobile than a laptop.

White has a lot of faith that Apple Inc. (NASDAQ:AAPL) shares will be a great buy in 2014, Maynard Um (from Wells Fargo) has his doubts. Earlier this week, he lowered Apple’s stock rating yet kept the price target range from $536 to $581. On Thursday morning, Apple Inc. (NASDAQ:AAPL)’s shares were in the middle range of $561 before markets opened.

Um added, “With less market cap to absorb from its peers and continued pressures on the consumer wallet, we see limited market opportunity absent material share gains.”

He also speculates there is a small number of incremental cap opportunity in Apple Inc. (NASDAQ:AAPL)’s existing product segments.

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