iPhone 5 Price Drop: $149 on 3 Year Term at Future Shop, Best Buy

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Future Shop and Best Buy have dropped the price of the iPhone 5 on a three year term (new activations) from $179 to $149, a $30 savings. The new price is available from select carriers such as Rogers, TELUS and Bell for the 16GB model in either black or white. It doesn’t appear to be a temporary sale, but a permanent price drop. We expect carriers to follow suit shortly to match this.

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If you’re into subsidized iPhones and contracts, this might be just the time to jump on the iPhone 5. The next generation iPhone 5S is expected to launch this fall (with a similar design), so these price drops aren’t really unexpected.

Let us know if you’re going to jump on this!