If you're looking to get a deal on an iPhone 5 but don't want to pay full price, you may be able to save $50 if you wait a few months.
A new report by DealNews.com predicts deals on refurbished iPhone 5 models could start to show up as soon as January, and they'll probably be marked down $50.
The site, which is a deal aggregator, points out that refurbished Apple devices can provide a lot of value because they are usually cheaper than their brand-new counterparts and they also come with warranties. In fact, Apple has a whole section in its online store dedicated to its refurbished models.
The site draws its conclusions from the refurbished deal histories of the iPhone 4 and the iPhone 4S.
For the iPhone 4, it took only two and a half months for refurbished deals to begin showing up with $50 discounts. And because the phone came out in June, refurbished models were available by the time the holidays rolled around, some being marked down as much as $100.