The price of the refurbished iPhone 5s at Walmart has been slashed from $189 to $79.

If you sign a two-year contract with Walmart, you can get the flagship phone for just $79, which is three cents shy of a dollar.

The best part about the deal is that it will last three whole months, which means that if you want to get a great post-iPhone 6 deal on the iPhone 5s or 5c, now is the time to do so.

Walmart normally sells the iPhone 5s and 5c for $29 and $299, so the prices are just a $20 and $30 discount, respectively.

If you were to just go to the Apple Store or a carrier store and pick up a new iPhone 5s or 5c, you would be paying $299 or $299, respectively.

If you want to take advantage of this deal, you have to be a customer of AT&T, US Cellular, or either of the other two.

We have seen a lot of iPhone deals this year, but they fell off as we entered the summer months.Stores are trying to get rid of older phones in order to make room for the new one, and this latest Walmart deal may be able to help.

If more retailers and carrier stores introduce crazy iPhone 5s deals, consumers will be able to get a great deal if they don't want to wait for the iPhone 6.With the iPhone 6 launching this fall, we can expect Apple to naturally lower the cost of theiPhone 5s, and we would be surprised if most retailers and carrier stores didn't discount the device even further.

Black Friday and Cyber Monday were the busiest days of the year for iPhone deals.There were some really good price drops for the iPhone 5s and 5c.Even though Apple isn't marketing the device as a budget iPhone, the 5c has been the lowest-priced one ever.The 5c has been turned into a budget device by retailers, as low as $0 on-contract from past deals.

The most discounts we have seen were during the holiday season.There were a lot of deals for the iPhone 5 back in 2012 but with two new phones this year, it has led to twice the deals on Black Friday and Christmas.

Other carriers have offered off-contract deals for Apple's flagship phone before, with Virgin Mobile having one of the most memorable deals so far this year.Customers were able to get an iPhone 5s for as low as $385 off-contract.

There is a catch.You can only use them on the smaller carrier if they are locked to Virgin Mobile.It is not all bad, since there are plans available for as low as $30 per month, but if you want to take one of these iPhones to another carrier, you will have to unlock it, and that can cost extra money that you may or may not be willing to shell.

If you are in the market for a new phone, you really can't go wrong with this latest Walmart deal.

Can I make an order to get the iPhone 5s that I am planning to have?I am in Africa.