Even though this is just a rumor too, it looks like the previous rumors suggesting the new Moto X will be $300-350 off contract are true. Usually when multiple separate sources corroborate each other's stories, there's some truth to the intel. According to insider sources in China, the new Moto X will be priced at $299.99 for the 16GB version of the device, and will be $349.99 for the 32GB version of the device.

Obviously these prices put the Moto X squarely in the same price range as last year's LG Nexus 4. It's interesting that this Moto X isn't a Nexus device, but it certainly makes a great impression of one. Looking at these prices, it becomes apparent that Googorola's strategy is to continue the assault on the prices of mobile devices. It's a brilliant business move to follow the same strategy they used with the Nexus 4 phone and the Nexus 7 tablet. This allows them to push into more emerging markets across the globe and get the Android technology into the hands of even more people.

If you look at the specs of the Moto X, at first blush they seem only slightly better than a mid-range device, but when you consider the context of this price point and their target market, the value of this device goes to a whole new level.

Don't forget to check out our dedicated site for the new Moto X. You can find it @ MotoXForums.com

Source: PhoneArena