One could call it a fire sale or just a carrier making room in its warehouse for newer inventory.
Bell has reduced the no-term price of the 16GB iPhone 5s by $170 to a cool $549.99. It’s expected other carriers will soon follow suit.
While not as powerful as the recently released iPhone SE, the iPhone 5s, which was released in 2013, features a 4-inch 1136×640 pixel IPS display, 1.3Ghz dual-core A7 chip w/ M7 motion co-processor, 1GB RAM, 8-megapixel camera and 1560mAh battery.
Related reading: iPhone SE review: A 4-inch potent blend of old and new
[source] Bell [/source]