The Pebble Smartwatch just received another significant price drop and is now available for only $119 on Amazon. Having taken Kickstarter early adopters by storm at a MSRP of $149, the Pebble Smartwatch was selling for $199 on Amazon just two months ago, dropped back down to the original MSRP of $149 in the beginning of December, and has now undercut just about all smartwatches currently available.
What does this mean for the Pebble Smartwatch? It is hard to say. Typically, such a significant drop in price indicates the impending release of v 2.0 of a first generation product or that the company making such drastic cuts is experiencing financial difficulties. However, with regard to the Pebble Smartwatch, there have been no rumors of a next generation model being tested and Pebble Technology’s balance sheet appears to be stronger than ever. Therefore, the logical conclusion is that Pebble has lowered the price to near cost in order to saturate the market, hoping to create a user-base strong enough to withstand the onslaught of smartwatches poised to woo consumers in 2014. And, considering the smartwtch technology anticipated to arrive in the near future, entrenching themselves in this emerging niche just might not be a bad idea. While the Pebble Smartwatch currently holds the #1 spot on our Top 5 Favorite Smartwatches list, we have a sneaking suspicious that the top spot will be up for grabs in 2014.
In the mean time, if you have been sitting on the sidelines waiting to break in to smartwatch technology, at only $119 you can hardly go wrong. We aren’t sure if this is a temporary price cut or if $119 is the new standard. So, if you are on the fence about acquiring a Pebble, now just may be the time to jump on over to Amazon and pick yourself up an early Christmas present.
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Pebble Smartwatch: [Company Website]