FORTUNE -- If you follow Apple (AAPL) news half as obsessively as I do, you've no doubt heard that Walmart (WMT) and now Fry's Electronics are selling the iPhone 5 at steep discounts -- $127 and $126, respectively. I've seen a lot of headlines, and even some commentary to the effect that the discounting shows that the "niche premium magic" of the "once uber-cool gizmo" is gone, not to mention Apple's enviable profit margins.
The thing is, I've haven't heard of anyone who managed to buy a dscounted iPhone 5 at Walmart or Fry's. I'm sure the big chain stores must have had at least a few in stock. Unlike outfits such as Overstock Auction (see promo at right), they're not entirely bait-and-switch shops. But I'm pretty sure they're selling them at a loss, and I suspect that whatever limited supplies Apple consigned to them ran out quickly.
AllThingsD's Tricia Duryee spent a couple hours Friday calling Walmart Supercenters in the Bay Area trying to locate a $127 iPhone 5, with no success.
If you've managed to buy an iPhone 5 at Fry's or Walmarts, tell us about it in the comment stream.
HR cloud software company Workday files for IPO; Google and Apple CEOs talk patent issues.
Exclusive: Google, Apple CEOs in talks on patent issues [REUTERS]
One possible scenario under consideration could be a truce involving disputes over basic features and functions in Google's Android mobile software, one source said. But it was unclear whether Page and Cook were discussing a broad settlement of the various disputes between the two companies, most of MOREJP Mangalindan, Writer - Aug 31, 2012 6:30 AM ET
No tax, no shipping charge. The catch: Walmart wants your e-mail and home address
FORTUNE -- If you buy a lot of iPhone apps or iTunes music, Apple (AAPL) gift certificates are almost as good as cash.
Indeed, there's a lively trade in iTunes gift cards on eBay (EBAY), where a $100 certificate will fetch anywhere from $82 to $109.99 on a Buy It Now basis.
Now, as The Verge notes in its MOREPhilip Elmer-DeWitt - Aug 20, 2012 7:20 AM ET
Google built its success on a simple search box that disrupted that old-line business, the web portal. So why is it working so hard to become one itself?
By Kevin Kelleher, contributor
FORTUNE -- Google is becoming all things online. Its quest to organize all the world's information has pushed it beyond the search box. Google saw that people loved Yelp, so it aggregated reviews. It saw how we took to group-buying MOREAug 17, 2011 5:00 AM ET
The closing bell rang Wednesday with Apple's market cap, for the first time, at No. 1
Apple (AAPL), for now at least, is the world's most valued company by market capitalization (determined by multiplying a company's stock price times number of shares outstanding). Here's how it happened:
It caught up to Google (GOOG) in mid-2009
It overtook Walmart (WMT) in March 2010
It passed Microsoft (MSFT) in May 2010
It caught up to Exxon Mobile MORE
Verizon will throw in a MiFi mobile hotspot as part of its deal. Shades of iPhones to come?
Two big iPad announcements Thursday:
A press release from Apple (AAPL) announcing that starting Oct. 28, more than 2,200 AT&T (T) stores will begin selling Apple's Wi-Fi+3G iPads at the usual prices: $629 for 16GB, $729 for 32GB and $829 for 64GB. The data plans are unchanged: $14.99 per month for 250MB and $25 MOREPhilip Elmer-DeWitt - Oct 14, 2010 10:28 AM ET
With displays in BestBuy, Target and now Walmart, Apple is going for the holiday gift market
Walmart (WMT) confirmed late Monday what the rumor sites had been reporting since Friday: starting Oct. 15, it will begin selling iPads on a schedule that would put Apple's (AAPL) tablet computer in 2,300 Walmart stores by mid-November -- just in time for the holiday gift-buying season.
When you add Walmart to the 221 U.S. Apple MOREPhilip Elmer-DeWitt - Oct 12, 2010 7:41 AM ET
Apple is aggressively expanding the tablet's retail presence in time for the holidays
[UPDATE Oct. 9: Photos have surfaced on MacRumors suggesting that Walmart could begin selling iPads next week and could have them in 1,000 stores before the end of October.]
[UPDATE Oct. 4: As of Monday, the iPad is also available on Amazon. Click here for pricing.]
One way to track how rapidly Apple (AAPL) is building iPads is to watch MOREPhilip Elmer-DeWitt - Oct 9, 2010 11:00 AM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the morning's most newsworthy bits below.Facebook founder and CEO Mark Zuckerberg granted The New Yorker unprecedented access for a profile in the latest issue. Among the revelations: Zuckerberg has 879 Facebook friends, MORE JP Mangalindan, Writer - Sep 14, 2010 8:20 AM ET
Wal-Mart confirmed Friday what everyone who follows Apple already knew: that it will begin selling Apple's iPhone 3G at nearly 2,500 Wal-Mart stores starting Sunday Dec. 28 -- three days after Christmas.
Wal-Mart will sell the red-hot mobile device for $197 for the 8GB model and $297 for the 16GB model, or $2 off their current prices. There had been rumors that Wal-Mart would sell a $99 iPhone. (See Anatomy of a MOREPhilip Elmer-DeWitt - Dec 26, 2008 10:31 AM ET
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