Here it is geeks and geekettes, the likely death of the $199 price point for high-end smartphones. Verizon Wireless has announced that the Galaxy Nexus from Samsung will be priced at $299(USD) when it lands – and that’s with a 2 year contract. If the phone sells well, and it will, this will undoubtedly be the price of all high-end phones on the network moving forward. You can bet other carriers will follow suit.
I would imagine that the iPhone 5 will bring with it the $299 price point as well. If you were going to push $100 more down the throat of consumers, the Galaxy Nexus is the device to do it with. The smartphone will run Android Ice Cream Sandwich, also known as Android 4.0. It has a huge 4.65-inch Super AMOLED screen with 720p resolution, and 4G LTE connectivity. The Nexus is powered by a speedy TI OMAP 4460 1.2GHz dual-core CPU, and it has a lot more as well. It has NFC support, and even has a barometer built-in.
It looks like we will need to save up a bit longer for those fancy new handsets moving forward.