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.