Target will be cutting the price of the iPhone 5c down to $49.99 from $79.99 starting this Sunday, October 13, reports CNET. Customers who have a Target REDcard can save an additional five percent on the device upon purchase. The move follows a rapid string of recent price cuts for the lower-cost device, inclduing Best Buy and RadioShack knocking the price of the device down to $50 with a gift card while Walmart dropped its own pricing to $45 through the holidays.
