Steve Kovach/Business Insider According to the L.A. Times, Walmart will start a big holiday sale for one of Apple's new iPhones on Friday.

The iPhone 5c will be sold for $27 on a two-year contract, down from its selling price of $99. While Walmart's Black Friday sale which dropped the price of iPhone 5c down to $45 with a gift card, this is a great price for Apple's smartphone.

It's no secret that this version of Apple's most popular product has not been selling well. Two months ago, Reuters reported that Apple told its manufacturing partners to reduce the amount of orders in the final months of the year. This may be a great chance for Walmart to unload the cheap, plastic phone from its shelves.

The retail giant is slashing the costs of several other Apple products too. The iPhone 5s will be on sale for $127 with a two year contract, dropping from $199. Buying a 16GB iPad Mini will come with a $50 gift card while $30 iTunes gift cards will be sold for $25.

The sale starts Friday at 8 a.m. and lasts until Dec. 24.