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RadioShack cuts price of iPhone 5s to $99

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If you're looking to buy the iPhone 5s for cheap, RadioShack is the place to go.

The electronics retailer is holding a promotion that drops the price of the 16-gigabyte Apple iPhone 5s to $99 on a two-year contract.

That's a nearly 50% discount on the device, which is normally sold at $199 with a two-year contract.

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Customers can save more money and get the gadget for free if they trade in an older iPhone.

Fine print for the promotion says an iPhone 4s that works with either AT&T, Sprint or Verizon, is in working condition, includes its charger and has no cracks on the screen is enough to get the iPhone 5s for free. An iPhone 5 that meets these criteria will also work, a representative at a local RadioShack store said.

The deals are available to customers who buy the iPhone 5s with an AT&T, Sprint or Verizon service plan. RadioShack has not said when the promotion will end.

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