Verizon drops Galaxy Nexus price to $99

Once upon a time, sold for a premium $299 with a two-year contract, Verizon’s highly successful Galaxy Nexus smartphone has had its price dropped, slowly but steadily, over the last few months. The latest price reduction of the largest carrier stateside sees the Nexus drop to an unprecedented and extremely affordable $99.99, which might well put the 4.65″ back on the map of Big Red bestsellers.

The 4G LTE-enabled Galaxy Nexus is available for a penny below 100 bucks only from Verizon’s website, and you’ll still have to sign that new 2 year carrier agreement to take advantage of the deal. The good news is that the offer doesn’t include rebates of any nature, so you’ll actually be asked to pay $99.99 for the phone upfront, and not $150.

This is not the first time we’re seeing Verizon’s Nexus drop below $150, but previous such deals required having to go through different third-party retailers, which might have proved a hassle for some. Now you’ll be dealing directly with the folks at Big Red, so I can’t see why you would want to turn down the promotion.

And while those of you who’ve wanted to get a Samsung GNex before, but delayed buying the phone until now are probably giddy with excitement at hearing Verizon’s announcement today. Earlier Nexus adopters probably hoped to hear about something else from Big Red.

As much as I’d like to make all of you happy, I’m afraid that I don’t have anything to report on the Jelly Bean update front, with both Verizon and Samsung still failing to announce something substantial or official. The unlocked version of the phone has been the first Android device to get the leap to 4.1, but its Big Red counterpart is yet to be treated with the same “respect”.

Getting back to the actual price slashing of the GNex, we can’t help but wonder if there’s an ulterior motive to it other than Verizon wanting to attract new customers.

One possible explanation would be the Galaxy S3’s booming success, with Samsung’s super-phone overshadowing any other high-end device around. We might also be dealing with a simple ending of a sales cycle, considering the fact that the Nexus is an aged phone. Finally, the price slashing over at Verizon could have something to do with the most recent developments in the Apple vs Samsung patent war, which has seen the Nexus banned for sale in the US temporarily.

No matter what Verizon’s angle is in this special offer, you can go over to the carrier’s website and buy your own GNex with confidence. It is the best phone 100 bucks can buy right now.

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