No matter what product is launching, you can pretty much always expect Walmart to undercut the competition and have it at a lower price. The upcoming Verizon Droid is no exception. Starting Friday sometime soon, Walmart will offer the Droid for $188.00 with 2 year contract. Yup, that is the actual in store price (no silly mail in rebate) which is over $100 cheaper than you would pay at Verizon. They will also have the Droid for $500 off contract compared to $599 at Verizon.
Check your local Walmart circular ad because they are also having a major electronics sale on November 7, 2009. I heard they have the Xbox 360 Arcade for $99 (after $100 gift card).
Update: Some people are confused about the price of the Droid at Verizon Wireless stores. Below you can see an excerpt taken from the official press release. I called my local Verizon store and they also confirmed the mail in rebate. Best Buy ($199) and Walmart ($188) are selling the phone without the rebate.
DROID by Motorola will be available in the United States exclusively at Verizon Wireless Communications Stores and online on Friday, Nov. 6, for $199.99 with a new two-year customer agreement after a $100 mail-in rebate. Customers will receive the rebate in the form of a debit card.
Update 2: If you are planning to pick up the Droid from Best Buy or Walmart, make sure you call the store first. I have found that many Walmart locations do not carry Verizon phones. My local Best Buy is also not a Verizon reseller.
Update 3: Out of the 5 Walmarts in my area, only 1 carries Verizon phones. I finally got in touch with the Verizon rep at the store and they did not have the phone yet. At this time we do not know when Walmart will have the phone available, but it is coming.
Update 4: Several readers have reported their local Walmart stores have the Droid. One reader said they would sell them on November 6 at 9 AM and another reader reported his store wouldn’t sell them till November 8.
[Thank you Matt for the tip]