Bloomberg: Samsung Galaxy S5 may be priced cheaper than previous versions

According to a new report from Bloomberg, Samsung is considering lowering its pricing structure for the latest member of the Galaxy S family. 

MWC is less than a week away now, and that means the Galaxy S5 is about to be unveiled to the world in short order. We already believe we know quite a bit about the Galaxy S5, including its possible specs, build materials and more. What about pricing? It would be easy to speculate that the U.S. Pricing for the Galaxy S5 will fall somewhere around the $550-$600 mark for outright costs, and a contract price of $199.99 with two-year agreement. After all, that’s pretty much what we’ve seen from both the Galaxy S3 and Galaxy S4.

According to a new report from Bloomberg, however, an insider source has revealed that Samsung is considering selling the latest member of the S series at a lower price than previous models. Reportedly Samsung has been approached by at least one wireless carrier that feels the device’s pricing should be more aggressive this time around.

Unfortunately, that’s about as specific as the report gets. Looking at the rumors that suggest we could be seeing both a ‘base’ and premium version of the Galaxy S5, the idea of cheaper pricing for the Galaxy S5 does make sense though — at least for the base version.

Although this is just speculation on our part, it is possible that Samsung will follow Apple’s pricing structure with the iPhone 5C and 5S by offering the base model GS5 for $99.99 (with contract) and the premium for $199.99 (with contract). Obviously it’s still too early to say one way or another just how much the Galaxy S5 will set consumers back, but a price reduction over past models would certainly be a welcome change for those of us looking to save a few bucks.

What do you think, how much would you be willing to pay for the base or premium version of the Galaxy S5 (outright or contract price)? Does it make sense for Samsung to be more aggressive with its pricing?