Apple’s iPhone 5 as loss leader

Big chains are selling the hot phone at steep discounts. Good luck trying to find one.

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...

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