Not to be outdone by big-box competitor Walmart, Target has announced plans to sell the 16GB iPhone 5C for $20 less than Apple's suggested price. The phone is available for pre-order today (or in stores tomorrow) for $79.99 with a two-year contract. The retailer isn't discounting the iPhone 5S, which Walmart is offering for $189 instead of the usual $199 price point. Both retailers are charging a full $199 for the 32GB iPhone 5C.

READ MORE: iPhone 5S review

iPhone 5C review