Amazon does it again, drops price of HTC EVO 4G LTE for new Sprint customers to $49.99

The arrival of the Samsung Galaxy S III at Sprint might have been the impetus behind the Amazon's decision to offer the HTC EVO 4G LTE to new customers for $49.99. Besides being a new customer, you also have to sign a two-year contract. The price cut tops the $129.99 that Amazon announced that it would charge new Sprint customers for the phone just a few days ago and smacks of desperation on the online retailer's part. At a contract price of $150, existing Sprint subscribers are still getting a small price break from Amazon.

The device is in stock, according to Amazon's website, and will ship in 24 hours after the order is received. Not only is it unusual to see a retailer drop the price of a smartphone by $80 in a matter of days, the HTC EVO 4G LTE just launched early this month. Of course, having the Samsung Galaxy S III come on the scene isn't something that occurs every day and with Sprint now shipping out pre-orders of both the 16GB and 32GB model of the sizzling hot handset, it looks like Amazon needed to light a little fire under the HTC EVO 4G LTE to get its inventory of the device moving.       

source: AmazonWireless  via UnwiredView