Attention Walmart Shoppers, Get Your Discounted iPad 3 or iPhone 5 In-Store

Walmart may be able to save you a few bucks this holiday shopping season, provided you're in the market for Apple gear. We're not talking about ancient devices, either. One of the discounted items up for grabs is the 16GB iPhone 5, which Wally World is selling for $127, a fair amount cheaper than its usual selling price of $199.

The 16GB iPhone 4S has also been marked down and is selling for $89.97, representing a $47 savings. Keep in mind these are subsidized prices that require a two-year service contract with AT&T, Sprint, or Verizon.

iPhone 5

For those of you jonesing for an iPad, Walmart reduced the price of the 16GB iPad 3 with Retina Display to $399. That's the same price Walmart sells the iPad 2, which has a slower processor and lower quality display. Starting Monday, December 17, the retailer will also toss in a $30 iTunes gift card to sweeten the pot.

Looking for a caveat? There's a small one -- all of these discounts are available in-store only, not online.