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Samsung Instinct to cost $199

Sprint's hot new cell phone should cost $199, the same price as a new iPhone 3G.

It's cheap Corinne Schulze/CNET Networks

Sprint has yet to confirm it officially, but the Samsung Instinct should have a $199 price tag when it goes on sale Friday, June 20. That price includes a rebate but it would require a two-year contract with a Sprint "Simply Everything" plan. We've been hearing buzz of the bargain basement price for a few days now, but Wall Street Journal technology reporter Walt Mossberg mentioned it in his review of the Instinct, which posted today. In all seriousness, a $199 price tag is more than believable as it would make the Instinct just as expensive as the 8GB model of the iPhone 3G, which the Instinct is attempting to take on. For its part, Sprint is still mentioning a cost of "less than $300" for the Instinct. Hopefully, the carrier will come clean soon.