Analysts at Credit Suisse are predicting that Sprint may sell the Palm Pre for $150 with contract in a move to undercut the $199 rival iPhone. So far, Sprint has only claimed the Palm Pre would be competitively priced, leading most to believe it would hover around the $199 price mark. However, Credit Suisse believes that Sprint’s strategy could be to subsidize the hardware, and make up for it financially with new customers.
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AT&T successfully did the same thing when they lowered the iPhone’s price from $500 to $199, ultimately attracting millions of new customers.
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Credit Suisse also forecasts 4.3 million Palm Pre sales by 2010, keeping it well behind iPhone total sales, which Apple claims reached 17 million last month. [Via The Street]