Why Verizon 4G Smartphone Prices Keep Falling
It could be the tiered data, it could be the issues or it could the Motorola Droid Bionic that is pushing people away but whatever the case may be, prices on Verizon’s 4G LTE smartphones continue to fall and this time it’s over at mobile retailer Wirefly who is offering the HTC ThunderBolt for $99 and the LG Revolution for $100.
You can find the offer for the HTC ThunderBolt here and the LG Revolution here. But I should warn you, you’re probably making a big mistake if you decide to jump on these offers. You see, there are reasons why these phones are dropping in price and many of you have been wondering why you keep seeing them on sales, especially when Verizon continues to offer them for over $200.
Here are some reasons why Verizon’s 4G smartphones are dirt cheap just months after being released.
The Phones Aren’t Very Good
As I’ve stated many times over, Verizon’s current crop of 4G LTE phones aren’t compelling people and when people aren’t compelled, they don’t buy. Yes, the HTC ThunderBolt may have sold well at the start, but I have a pretty good feeling that sales have slowed down. And why has that happened? Well, have a look here and see how many ThunderBolt owners are dissatisfied with their device. I have a feeling the world is getting around.
And how about the other phones, the Droid Charge and the LG Revolution? The Droid Charge’s bungled release probably sent people running for the hills (even though we gave it a solid review) and the LG Revolution is essentially a mid-range (at best) smartphone with 4G speeds.
4G LTE Isn’t The Only Option
Not everyone needs a 4G LTE smartphone. In fact, if I had a gun to my head right now and I was forced to choose between a 4G phone on Verizon or a 3G flavored phone, I’d choose 3G. The network is young, it has issues and there really aren’t that many things that can take advantage of the speeds right now. You might argue otherwise but a basic need of mine would be Netflix and right now, it’s not officially available on any of these phones and it’s things like that that make it an extremely hard sell for regular users.
In addition, Sprint offers unlimited data with its 4G WiMax network and the very likable HTC EVO 3D just came out. And I should also mention that T-Mobile has cheap 4G HSPA+ plans and has the HTC Sensation 4G available which in my eyes is one of the, if not the best Android phone available.
I’ve used all three of Verizon’s 4G phones, Verizon’s 3G devices, the Sensation 4G, and the HTC EVO 3D and I have to say, I’d buy the Motorola Droid X2, Sensation 4G and HTC EVO 3D right now over anything Android if not for one thing…
The Motorola Droid Bionic
Verizon’s upcoming dual-core monster, the Motorola Droid Bionic, is another big reason why retailers are continually hosting sales on Verizon’s 4G phones. Why? Because it’s the phone that you should be waiting for. It’s the 4G LTE phone that you should have bought. And it’s the phone that consumers who have done their research will be waiting for.
It’s also the phone that I am recommending to my friends, if they’re currently on Verizon. If they’re not, they are heading elsewhere right now because of the new…
Tiered Data Plans
This is a relatively new reason and I think it’s going to have a very strong impact on sales. In fact, I wouldn’t be surprised to see 4G LTE smartphone prices dip to their lowest points at some point in mid-to-late July directly as a result of Verizon’s new data plans.
With the amount of complaining and anger towards these plans, people are scared to sign up with Big Red right now. I personally know of a few people that are going to be signing up with Sprint as a result of these new plans.
I have tried to be a voice of peace through all of this because I use my phone a lot but rarely do I breach 2GB’s of data in a single month. But I have a feeling that’s going to be a hard thing to do when I get the blazing fast Motorola Droid Bionic that may or may not have an OMAP4 processor that allows me to stream Netflix in HD.
The iPhone 4 is still selling well on AT&T and while sales have apparently slowed on Verizon, it’s still competition for these 4G LTE smartphones. And that’s not the only iPhone device hurting 4G LTE sales.
The iPhone 5 is definitely on the way for both AT&T and Verizon and throw in those Sprint and T-Mobile iPhone rumors and you get consumers that are going to be waiting to see how both of those pan out. And by the time they’re done waiting, the Droid Bionic will be released and the three current phones will be an afterthought.
All that said, I would not be surprised if we see one or more of these phones, the HTC ThunderBolt, the LG Revolution, and the Samsung Droid Charge become free at some point during July. Of course, Verizon will continue to masquerade them around as $200+ phones but you know better then to buy from them. Don’t you? So, keep all of this in mind when you see another one of those “deals” that retailers are having for these LTE phones.