This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Why Does Apple Let That Dump Walmart Discount iPhones?

NEW YORK ( TheStreet) -- The last time Bruce Springsteen sweated on me at a concert, I didn't wash my arm for a month. The last time I stepped into a Walmart (WMT - Get Report), I bathed thrice a day for a month straight.

I'm tired of beating around the bush.

While not all Walmart stores are dumps, quite a few are. They're soulless, uninspiring environments packed with so many mutants the People of Walmart Website can't possibly process all the worthy content it receives fast enough.

Now, hold your fire.

This doesn't mean you're a loser if you shop at Walmart. It's no sin to save a buck or accept convenience. Plus, depending on where you live, you might not have many options like hoity-toity Manhattanites or self-righteous West Coasters. And let's face it, picking on Walmart has become a national pastime (not to mention the most accurate set of stereotypes ever perpetuated). It's all fun and games until somebody gets offended or a greeter gets trampled by a mob of holiday shoppers.

Simply stated, you just shouldn't be able to buy Apple products at Walmart. It's a complete joke.

And, ultimately, the joke's on Apple (AAPL - Get Report).

Throw all of these big box retailers into a pile -- Walmart, Best Buy (BBY - Get Report) and the somewhat more tolerable Target (TGT - Get Report). They'll sell just about anything (unless, of course, it has offensive lyrics) if there's a chance you'll buy it.

It's mind-boggling. Why would Apple want to be a part of this on any level? I hit on this Thursday in my 5-point plan to keep Apple great, but I beat this horse as early as January of this year. We can't ask for answers on this enough.

And this isn't even a Tim Cook thing. Steve Jobs allowed it to happen as well.

Let's consider some points and possibilities.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ZNGA $2.77 0.00%
AAPL $123.25 0.00%
BBRY $9.46 0.00%
BBY $38.48 0.00%
GOOG $548.34 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs