Samsung cuts Galaxy Tab price to Php21,990
So, it looks like the tablet market is somehow normalizing with Apple slashing the price of the original iPad down to Php19,990 and now Samsung is following suit and cutting down the Galaxy Tab’s suggested retail price to Php21,990.
The move does not come as a surprise — first, Apple’s 1st generation iPad has definitely become a great buy to a lot of people looking to get their first tablet and at under Php20k, it scores high on the buyer’s list — Samsung needs to be competitive in their price point as well; second, Samsung will definitely be launching their next generation tablets locally — the ones with dual-core processors. That means the Galaxy Tab P1000 is nearing its EOL (end-of-life) and the inventories need to be sold off as fast as possible. Lastly, other competitors like Asus are launching their tablets as well which could disrupt the attention of a lot of new tablet buyers.
The new Php21,990 suggested retail price isn’t completely implemented yet as Samsung needs to coordinate with all retailers and partners (like Globe and Smart) to make sure the price drop won’t disappoint consumers who just bought one at a much higher price and the retailers don’t lose any profits in the process.