Essential Phone price cut by $200, now costs $499

The Essential Phone now costs $499, $200 less than the original price

In an attempt to improve those numbers, Essential has slashed off $200 bringing down the price of PH-01 to $499 in the United States.

It could be argued that a phone from a brand-new company retailing for a flagship-level $699 without any previous hardware successes to make the cost more palatable, was destined to have a lukewarm reception at launch.

With the United States price slashed, we can expect to see the lower cost also extend to UK pricing, which should go someway to help make the phone appeal to people more used to mobiles from giants like Apple and Samsung.

Essential is an Android-based phone from Essential, designed by Android's co-creator Andy Rubin. To help salve the burn that customers who paid the full price might be feeling, the company is offering a $200 Essential Store "friends & family code" to be used towards the purchase of another phone or a module. Even after the price cut, Essential Phone will continue to face tough competition from the likes of Google Pixel 2, Apple iPhone 8 Plus and Samsung Galaxy S8, among others.

Essential has given its PH-1 smartphone a $200 price cut in the United States, bringing the device's price down to $499.

Prices of Android phones have been known to reduce gradually but this drop is seen as a sign that the phone isn't doing well in the market.

To recap, Essential Phone sports an edge-to-edge 5.7-inch QHD display with a resolution of 2560×1312 pixels. The phone sports a dual rear camera setup (13MP + 13MP), where one of the lenses is capable of taking shots on dual RGB, mono and another is true monochrome. The smartphone features a Snapdragon 835 and comes with 4 GB Ram. The phone is backed by a 3040mAh battery with fast-charge support.

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