Moto X prices dropping just weeks after release

The Android phone has already been spotted for $149 in Canada, and other carriers could soon drop the price all the way down to $99, according to one report.

The Moto X could grace your palm by the holidays for as little as $99. Brian Bennett/CNET

Looks like Google doesn't need as much of our money as previously estimated. This week the company dropped the price of the Nexus 4 by $100, and now the latest "it" smartphone from Google-owned Motorola, the Moto X , is beginning to see its price tumble just a few weeks after its initial release.

The Nexus 4 was initially offered for $299 unlocked, and many expected the Moto X to be offered in a similar manner. But instead, Motorola announced it would roll out its new flagship Android phone through the familiar two-year carrier contract deal in the United States with an initial cost of $199.

But there's new hope for you thrifty early Android adopters out there, as Moto X prices are falling quickly in Canada and there's word that American carriers will soon follow suit. Rogers, the Canadian carrier that offered the Moto X in limited quantities before other North American carriers at one point last month starting at $189, has already dropped its starting price to $169. Best Buy and a handful of other retailers are currently going a step further and knocking off another $20, putting the price at $149.

Meanwhile, reliable and mysterious tipster @evleaks reports that the Moto X will drop all the way to $99 with a contract in the last quarter of this year, although no carriers are specified (let's hope it's across all of them). Also revealed is that the wooden backing we've been hearing about for the Moto X for more than a month will become available later this year, apparently for an extra $50. I reached out to my contacts at Motorola for a response and was told they are unable to comment on rumors.

Some speculated last month that perhaps the reason Motorola was unable to offer the Moto X at a more attractive price a la the Nexus 4 has something to do with the fact that the phones are being customized and assembled in the United States. If Googorola does cut the price in half so soon, it would seem that perhaps the carriers were driving the early pricing.

Either way, next week I'll be touring the Fort Worth, Texas, factory where the Moto X is being assembled and will report back if I see any gold-plated toilet seats that could be driving up the price of your Moto X.

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