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

Vjeran Pavic

The anticipation was regarding an all-new premium smartphone created by the co-founder of Google's Android operating system. According to recent reports, the price of the phone has come down to $499. 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. The Essential Phone was positioned as an alternative to the iPhone and every high-end Android handset available right now, and the company convinced plenty of investors that the Essential Phone has a bright future.

What if you purchased the Essential Phone for the full $699 price?

If you purchased an Essential Phone prior to October 22nd, we are offering a $200 Friends & Family code to use towards a new Essential Phone or Essential 360 Camera*.

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

In a blog post, Essential announced that the company wants "to make it even easier for you to experience our products and our brand". Now that the company has trimmed the price of the phone by a $200, the company may expect to see a spike in sales. Other retailers like Amazon still show the bigger price tag, but it should only be a matter of time until they follow suit.

To recap, the Essential Phone comes with a 5.71-inch edge-to-edge display on the front (2560 x 1312 pixels), dual cameras, and lacks a standard 3.5mm headphone jack. Lastly, it includes a dual-camera setup on the rear with a regular 13-megapixel f/1.85 shooter and another monochrome sensor. The smartphone features a Snapdragon 835 and comes with 4 GB Ram. The device is fueled by a 3040mAh battery inside.