Essential Phone is now $200 Cheaper in the US

The Essential PH-1 is a high-end Android-powered mobile phone featuring a Qualcomm Snapdragon 835 processor and 128 GB of internal storage

The Essential Phone has been given a hefty price cut in the U.S., with $200 shaved of the handsets's expensive $699 original price tag.

Generally a price cut of a phone indicates a step to boost sales if the phone is not performing well in the market or the company is planning to bring a new device and wants to clear the stock of the previous device.

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Andy Rubin's Essential Phone is now a $499 phone.

However, it seems one of those issues has just been solved with Essential dropping the price of the device by $200.

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The Essential Phone, the first ever product of Andy Rubin's company, has received a price cut of essentially $200 today, announced the company.

Originally launched in May this year, PH-1 is Essential's first smartphone. It is possible that Essential is having trouble in selling its debut phone in large numbers, but the company hasn't shared sales numbers. In fact, I still really like the Essential Phone, even after reviewing it and hammering on a few key portions of it (camera and software performance). BayStreet Research, a firm that analyses and predicts the growth and shipment of smartphones and other gadgets, states that only 5000 units of Essential phones have been sold in US. If you're an early adopter who already has an Essential Phone, you'll get a $200 "friends and family" code that you can use at the official store to buy a 360-degree camera or get credit toward another phone. It is understood that the offer is for a limited time, and valid only for the US. Lastly, it includes a dual-camera setup on the rear with a regular 13-megapixel f/1.85 shooter and another monochrome sensor. Inside the phone features 4GB RAM, 128GB memory, and the high-end Snapdragon 835 processor. The device is fueled by a 3040mAh battery inside.

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