Apple's announcement of a $200 iPhone has AT&T competitors looking to match the feature-packed device in price and expectations, with Sprint on Wednesday circulated internally a memo noting a $199 price point for the Samsung Instinct, after rebates. The phone normally costs $449, but will be subject to a $150 instant rebate for a two-year contract, as well as a $100 mail-in rebate for the Instinct. This provides Sprint with a high-end touch-screen competitor for the iPhone.
While the phone will be sold under the impression that it can still be bought outright (unlike the iPhone), and can thus be bought without resigning a contract, it does require users to subscribe to the pricier Sprint Everything or Simply Everything plans.
The Samsung Instinct is expected to be available from Sprint June 20th.
[via PhoneNews]