The Verizon Droid has not been out for that long, but retailers want to capitalize on the hype around the new Google Android phone, designed by Motorola. Verizon is selling the phone for $200. Then Amazon.com decided to chop the price to $150. And now Dell.com decided to beat Amazon’s prices by offering it for $120.
Dell had a rough third quarter caused by a 54% net income drop so the company probably wants to attract more buyers to their website. Most likely Dell will be subsidizing the price drop out of their own pockets, but the commission from selling Verizon contracts might be worth the drop.