Eric Savitz in Barron’s Online:
The price of the Research In Motion BlackBerry Torch has been cut in half – to $99.99 – on Amazon.com and some other sites, less than a week after the new phone went on sale at $199.99. Early reports from the Street suggest sales of the new phone have been tepid at best. The $99.99 price is with a two-year contract with AT&T.
To be fair to my schadenfreude nature, Apple also cut the price of the original iPhone to spur demand, but not half price and not a week after launch.
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