The Apple Watch Series 10 is $200 off at Walmart, making it even cheaper than an Apple Watch SE

SAVE $200: Walmart has the Apple Watch Series 10 (GPS, 46mm) on sale for just $229. That's 47% off its usual retail price of $429.

As Apple gears up to host a "special experience" on March 4, deals on older Apple devices are popping up at third-party retailers with increased frequency. (This always happens around its launch events.) I'd argue that Walmart has the one to beat. As of mid-February, the 46mm Apple Watch Series 10 is on sale there for only $229, or $200 off.

This deal is especially juicy for a couple of reasons. For one, it makes the Series 10 even cheaper than Apple's budget smartwatch, the $249 Apple Watch SE. And two, this exact same Series 10 was $50 more expensive last Black Friday. Walmart doesn't provide price history data for its products, but I'd venture to guess that this is its lowest price to date.

This offer comes on the heels of the big box store's Presidents Day sale, which featured a $200 discount on a 42mm Apple Watch Series 10 with cellular connectivity. It sold out a day after I first spotted it, so I wouldn't dawdle on this one, either. At the time of writing, only one variant with a silver aluminum case and a denim Sport Band was still in stock.

At this price, the Apple Watch Series 10 is an especially compelling alternative to the newer Series 11, which has the same MSRP. The only upgrades you miss out on are a more scratch-resistant display and a slightly longer battery life. Otherwise, the two models' chips, sensors, and watchOS features are identical. For comparison's sake, the 46mm Series 11 is currently $329 at Walmart, or $100 pricier — a match of its previous all-time low on Amazon, where it's $399 right now.

Read our "Apple Watch Series 10 versus Series 11" breakdown to learn more.