Holiday shoppers, take note: Best Buy is now offering $50 off the iPhone 5 and iPhone 4S with any two-year activation or contract extension with AT&T or Verizon.

The offer is valid both in stores and on the Best Buy website, for every storage option Apple offers for its iPhones.

The deal brings down the price of a 16GB iPhone 5 to $149, a 32GB iPhone 5 to $249 and a 64GB iPhone 5 to $349. The iPhone 4S now costs $49 for a 16GB model, $149 for 32GB and $249 for 64GB. The offer ends on Jan. 5, 2013.

For those who desire a non-Apple smartphone, Best Buy is also offering, through Tuesday, the Motorola Droid Razr Maxx for free on contract and the Galaxy S3 for $149, among others. Those offers are available here.

If it is an iPhone you're after, however, $50 off is a nice discount. You can check out the iPhone 5 deal on the Best Buy website here.

Earlier on HuffPost:

Loading Slideshow...
  • Find My iPhone

    An app from Apple that tracks your iPhone's location so that if you ever lose it, or it's stolen, you can log onto and find it quickly. You can <a href="">read more about why Find My iPhone is so indispensable here</a>. <a href="">Download Find My iPhone Here</a>.

  • Facebook

    The popular social network that you may or may not belong to. <a href="">Download Facebook here</a>.

  • Twitter

    In the <a href="">immortal words of Twitter's hilariously outdated first homepage</a>, "You'll never be bored again...E V E R." That might not be totally true, but Twitter is a wonderful way to pass time, connect with like-minded people and complain about airlines. <a href="">Download Twitter here</a>.

  • Yelp

    Find restaurants and other nearby establishments, complete with user ratings. Now integrated into Apple Maps, though you might have better accuracy within the Yelp app itself. <a href="">Download Yelp here</a>.

  • MapQuest

    A mapping application that won't give you horrifically bad directions. <a href="">Download MapQuest here</a>.

  • Flashlight

    Turns on your rear camera flash -- which is very bright! -- so that you can search the floor of that dark bar for your dropped contact lens (or whatever else people use flashlights for). <a href="">Download Flashlight here</a>.

  • Shazam

    Identify songs -- and now television shows -- by holding up your phone to the speaker for a few seconds. <a href="">Download Shazam here</a>.

  • The Huffington Post

    SHOCK: Your favorite news site, at your fingertips. <a href="">Download The Huffington Post here</a>.

  • Seamless

    Order takeout or delivery the easy way in several large cities. Makes ordering food so convenient that at the end of the month you'll wonder where all your money went and why there are so many empty styrofoam boxes in your kitchen. From:<a href=""> iTunes</a>

  • Venmo

    Split the bill the easy way by paying your friends through this smartphone app. You'll need to convince them to download the app, too: You can do this by never carrying around cash and insisting that you'll Venmo them the money you owe. <a href="">Download Venmo here</a>.

  • Pocket

    Save webpages on the Internet and read them later, even when you don't have an Internet connection. <a href="">Download Pocket here</a>.

  • RunKeeper

    Track your runs, or at least remind yourself daily that you really should be exercising. <a href="">Download RunKeeper here</a>.

  • Remember The Milk

    Remember The Milk is a simple reminders app that's better than the one Apple has included with iOS 6. It can help you remember -- among other things -- the milk. <a href="">Download Remember The Milk here</a>.

  • Photoshop Express

    The camera on the iPhone is good but basic, lacking any on-screen post-photo editing tools. Photoshop Express gives you a free suite to perfect your photos on the iPhone. <a href="">Download Photoshop Express here</a>.

  • Foodspotting

    Ostensibly a social network for foodies, Foodspotting is a good way to visually search, by dish, for good restaurant food around you. Don't get caught at a spot with small portions ever again! <a href="">Download Foodspotting here</a>.

  • Onavo Extend

    For those of us who don't have unlimited data plans, watching your megabyte count each month can be essential to avoiding overage charges. Onavo not only monitors your data usage each month; it can also automate certain settings on your iPhone to lower the amount of data you consume in certain applications. <a href="">Download Onavo here</a>.

  • GroupMe

    This is another one you have to force your friends to download: GroupMe is a group messaging application that bypasses the need to send texts, which can drastically reduce the cost of your text messaging plan and help you avoid overages. <a href="">Download GroupMe here</a>.

  • Waze

    A GPS app with a twist: You and your fellow drivers can manually report crashes, stalls, and speed traps ahead. Especially helpful for those in cities, as Waze has a large (and growing) user base of drivers reporting traffic. <a href="">Download Waze here</a>.

  • Pulse

    A beautiful app that pulls in the best of the day's writing into a central location. Clean navigation and and an addictive to keep up with the news (or adorable puppy photos). <a href="">Download Pulse here</a>.