On a 3-year contract agreement

Oct 19, 2009 16:31 GMT  ·  By

Canadian mobile phone operator Bell has just lowered the price tag for the Palm Pre, which has been available in its offering for about two months now, to $149.95 upon the signing of a one-year contract agreement with the Wireless carrier. The new price tag emerged soon after the Palm Pre became available for purchase in Europe, and follows a series of price cuts the device had seen previously.

Bell Canada launched the Palm Pre on its airwaves back in August, when the phone was priced at $199.95 upon the signing of a three year contract agreement, but Canadians also had the chance to purchase it for $449.95 on a two-year service agreement, for $549.95 with a one-year contract, or for $599.95 with no contract.

According to mobilesyrup, the demand for the Palm Pre seems to have been high, especially since the price tag was appealing. However, retailers started lowering the price for the device soon after the initial availability in Canada, and Walmart was the first one to work on the price tags, lowering them to $198.83, $448.83, $548.83 and $598.83 on a 3-year, 2-year, 1-year and 30-day contract, respectively. This price drop was only a minor one, Best Buy providing a more consistent cut with its $149.99 price tag offer for the Palm Pre.

As for Bell, this is the first time it lowers the price for Palm Pre, and mobilesyrup says that other drops are expected to surface in the near future, based on the fact that Bell is getting ready to launch its HSPA network in a matter of weeks and that the holiday season is getting closer every day. While the current price tag seems appealing enough, a possible $99.95 cost might very soon surface, which will make the Palm Pre even more appealing to Canadian users. Stay tuned to learn whether Palm Pre will turn even cheaper than it is at the moment. Palm Pre can be seen on Bell’s website here.