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]
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