The promotion brings a $50 savings to the iPhone 5s, which was priced at $149 and a $20 savings to the iPhone 5c which was priced at $49. There isn't any word on the prices for 32GB and 64GB capacities, although they will be seeing price reductions as well. The new prices will be available for Sprint, AT&T and Verizon customers starting at 9AM local time tomorrow (Friday). The prices are available for in-store purchases only.
Other retailers have also cut the iPhone 5s and 5c prices such as RadioShack and Best Buy as the iPhone 6 nears.