Apple's new smartwatch launched today, and as expected, retailers are slashing prices on Apple's former flagship model.

Walmart is currently selling the Apple Watch 5 (GPS/44mm) for $329. That's $100 off and one of the best Apple Watch deals we've seen this year.

The Editor's Choice Apple Watch 5 is our favorite pick in our list of the best smartwatches of 2020. Now that it's no longer Apple's flagship model (and the price is coming down), it's even more affordable.

The Apple Watch 5 has an always-on display and the company's S5 processor. A handy compass and impressive watchOS 6 software give it a near-perfect rating of 4.5 out of 5 stars.

Keep in mind that the price of the Series 5 could drop even further during the Black Friday Apple Watch sale. But if you can't wait until then, take advantage of this Apple Watch 5 deal.