Best Buy is actually living up to the name with this deal. They are currently shaving $50 off of the iPhone 5 w/ a two-year contract for AT&T, Sprint, or Verizon. This puts the 16GB model at $149.99, the 32GB for $249.99, and the 64GB at $349.99. The deal will last until January 5th but you may want to shop around as some Best Buy retailers may have a low stock of the latest iPhone.
The deal also applies to the iPhone 4S as well with the 16GB starting at $49.99.
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