Apple is set to finally hit the $0 on-contract mark with its entry-level iPhone 3GS once it launches the next-generation iPhone 5 later this year. In a note to investors on Wednesday, RBC Capital Markets General Manager Mike Abramsky claims Apple is expected to finally offer the phone for free in an effort to aggressively attack mid-market smartphone buyers and counter Android’s momentum. Abramsky sees this move more than doubling Apple’s global addressable market to 150 million smartphones, up from 64 million, and it will drastically accelerate Apple’s growth outside North America. In the U.S., this of course begs the question, how will Verizon Wireless stay competitive with AT&T? Apple does not currently offer a CDMA iPhone 3GS, so the carrier would be unable to match AT&T with mid-market customers. Add to that AT&T’s attractive $15 data plan option versus Verizon’s minimum $30 plan, and subscribers looking for an iPhone on a budget will really only have one place to look. Abramsky currently has an Outperform rating on Apple stock with a price target of $450.
Samsung’s Galaxy Tab 10.1 Android Honeycomb tablet is now available for pre-order from J&R. The 16GB tablet is priced at $499.99 while the 32GB version will set you back an additional $100. Here’s a quick rundown of its specs: it offers a 10.1-inch display with a 1280 x 800 resolution, a 1GHz dual-core NVIDIA Tegra 2 processor, full 1080p HD playback, a 3-megapixel camera capable of recording 720-p video, a 2-megapixel forward-facing camera for video chats, and more. The Galaxy Tab 10.1 also happens to be the thinnest tablet on the market right now. If you want a deeper dive, be sure to check out our full review of the limited edition version. J&R doesn’t specify exactly when the tablet will ship, although we’ve heard the Galaxy Tab 10.1 will be available on June 8th. More →
Information acquired by blog Droid-Life suggests that Samsung’s 7-inch, Wi-Fi only, Galaxy Tab may retail for $399 and become available on April 4th. The svelte price point, and imminent release date, come courtesy of a flier that was purportedly being handed out by a Samsung representative at a recent technology trade show. The 7-inch Galaxy Tab is getting a little long in the tooth, but the $399 price tag is quite attractive. Samsung is expected to debut an 8.9-inch, Galaxy-branded tablet later this month at CTIA in Orlando, and we presume concrete information about the Wi-Fi only device will be provided then. More →
If you’re in the market for an iPad but don’t really think you need those FaceTime cameras, dual-core processor, and thinner profile, you can swack an original iPad for only $399 directly from Apple starting immediately. $399 gets you the 16GB Wi-Fi unit while the entire lineup is available for $100 less than the original release pricing. No telling how long this will last or how much inventory Apple has, but it’s certainly one of the best deals we’ve seen. More →
We’re not sure exactly what’s going on here, but reports started surfacing yesterday evening that some TJ Maxx store locations had Apple’s iPad on sale for $399. Those reports have been confirmed, with the 16GB Wi-Fi model quickly selling out at most TJ Maxx stores with that amazing price. The Twilight music isn’t getting any softer, however, as now Marshall’s stores are also retailing the device for $399. The pricing is lower than authorized Apple retailer’s cost, and no one is sure if the merchandise is coming direct from Apple or somewhere else. The $399 pricing is also much less than Apple’s own site is selling refurbished iPads for at $449. Black Friday blowout? Clearing inventory for the iPad 2 in January / February? Who knows, but $399 for Apple’s 10-inch tablet with no contract is the best deal on the planet, and they sure as heck know that.
One of our Sprint sources just messaged us to let us know that the Sprint version of the Samsung Galaxy Tab is set to launch right around November 14. How about pricing? Well, we’ve also been told the 7-inch tablet will sell for $399 with a 2-year agreement and $599 full retail. That’s all we have for now, but you can be sure we’ll keep digging!