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Thread: Retail price to be $587

  1. Master Droid
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    #1

    Retail price to be $587

    Looks like a Verizon store got a shipment.

    http://feedproxy.google.com/~r/andro...le-launch-date

    A source thinks an Aug 26 release, but personally I can't believe that mainly because phones are release on Thursdays.

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  3. DF News Team
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    #2
    Honestly....587 was less than I expected for this phone so not bad on Verizon's part. Now they just need to make the upgrade and new contract price $249<=.
  4. Droid Ninja
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    Looks promising. If this thing came out next week, they'd definitely gain a lot more buyers than if it released mid/late September.
  5. Senior Droid
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    #4
    $587 is the cost to verizon per phone. Full retail will likely be in the $599-$699 range.
  6. Master Droid
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    #5
    Quote Originally Posted by devils3023 View Post
    $587 is the cost to verizon per phone. Full retail will likely be in the $599-$699 range.

    That is what I figured. Besides $587 is such an odd number for or verizon retail price.

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  7. Senior Droid
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    #6
    I hope that 587 # sticks.
  8. Droid Ninja
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    Pretty sure they're right in assuming the $587 is what Verizon pays for them. It will most likely be 649-699 for non-contract purchases.
  9. Droid Sensei
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    #8
    I bet the price will be right around that 587-600 mark, Verizon lowered the retail price on phones quite a bit when they got rid of 1 year contracts. Currently the only phone that costs over 600 is the iPhone.
    Anytime someone dares me to walk a mile in their shoes I do it! Because, hey free shoes and I am now a mile away from that person!

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  10. Master Droid
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    #9
    Quote Originally Posted by devils3023 View Post
    $587 is the cost to verizon per phone. Full retail will likely be in the $599-$699 range.
    VZW is not paying that much. Phone mark up is crazy high. The landed cost to stores is less than $300 and this is based on previous device cost. Phones are marked up to force folks into getting contracts and get the discount.

    The non Verizon price will be close to $700, if purchased at Best Buy, since are always significantly higher.

    VZW revenue stream plans on either getting margin for locked in contracts, or a nice fat profit from the phone at retail.
    Last edited by rushmore; 08-18-2011 at 06:54 AM.
  11. Senior Droid
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    #10
    Quote Originally Posted by rushmore View Post
    VZW is not paying that much. Phone mark up is crazy high. The landed cost to stores is less than $300 and this is based on previous device cost. Phones are marked up to force folks into getting contracts and get the discount.

    The non Verizon price will be clause to $700, if purchased at Best Buy, since every are always significantly higher.
    As a former mgr for vzw I can assure you that they make little, if any, money on full retail phones. There is no money in selling a phone off contract, the money is in locking people into 2 year contracts. The image above seems to be from an inventory reconciliation form, that is the only document I saw that gave the actual unit cost per item. Inventory is done every month in all stores. Or this could be an invoice from a shipping warehouse.
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