Telecom & Wireless

Samsung Galaxy S3 Hits US--For $800

The wildly successful Samsung Galaxy S 3 will be available in the US starting on June 1. But, the first wave of handsets will not be sold by carriers. Amazon.com (NASDAQ: AMZN) will sell the new Galaxy without a wireless contract.

Wireless companies underwrite the costs of smartphones because they get two year subscriptions from customers. Amazon will sell the Galaxy S 3 for $800. The product will be “unlocked” so it can be used on a number of networks.

There is some debate over whether its powerful processor is set to work on super-fast 4G LTE networks, of if a less powerful processor will be required to operate on those systems. The Samsung Galaxy is widely regarded as the primary competitor to the Apple (NASDAQ: AAPL) iPhone 4S, so early sales in the US will prove whether that perception is true.

Douglas A. McIntyre

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