By Stephen Schenck | February 4, 2014 4:39 PM
Samsung’s Galaxy Gear smartwatch has a lot going for it, but two major obstacles have been responsible for really holding it back: its very limited smartphone compatibility, and its quite lofty price tag. We already find ourselves looking forward to the next big thing, anticipating a second-gen Galaxy Gear to launch early this year (and possibly alongside the Galaxy S 5), but that doesn’t mean that the original smartwatch can’t still offer a whole lot of functionality. Of course, with this new watch just over the horizon, Samsung’s going to have to take steps to keep the older model attractive, and if we’re to believe one theory going around, the company may be looking to achieve that goal by means of some significant price cuts.
The base price for the Galaxy Gear remains at $300, though some retailers have already offered discounts bringing that down to the $250 range. Recently, though, some of Samsung’s regional offices have been implementing price cuts that could hint at a global effort to bring the price down even more. For instance, in India, the price since launch has dropped over $100. If we see that shift propagate, we might hope prices in the US could make their way down to near the $200 level.
Then again, prices were higher to start with in India, and that move really just brings Indian pricing more in line with the West. Ultimately, we’re not sure how much faith to place in this rumor, but we also can’t deny that its basic tenets makes a lot of sense: if you’ve got excess Galaxy Gears on hand, as many as possible need to be sold now, before there’s something more attractive available.