Verizon drops most smartphones to $99
updated 03:45 pm EDT, Mon August 3, 2009
Verizon cuts phones to $99
Carrier Verizon Wireless has dropped the price of virtually all of its smartphones to $99, observers note. Amounts are contingent on a two-year contract, but represent a major reduction in some circumstances, for instance lowering the cost of an HTC Touch Pro by $320. Only two phones remain above the $99 level: RIM's BlackBerry Tour and the Samsung Saga.
The cuts are likely in advance of a wave of new phone additions, such as the Touch Pro2. They may also be a reaction to Apple's popular iPhone 3G, carried by AT&T, which was also lowered in cost to $99 at the same time as Apple announced the iPhone 3GS. Until this June, no factory-new iPhone was any less than $199.
Fresh-Faced Recruit
Joined: Nov 2008
Amazing...
if this cellphone price cost-cutting has been brought about by the iPhone. The iPhone has only been around for a few years and is quickly changing the cellphone industry. And yet tech pundits continue to say that the iPhone is nothing special and probably not as good as many other cellphones. I guess the carriers were overcharging for contract cellphones all those past years.