Now that the Galaxy S3 seems to have ensured Samsung’s reign over the high-end Android world at least for a few months to come, it’s time for everyone’s favorite smartphone manufacturer to look towards their more budget users.

And Sammy might have quite the plans for the low-end and mid-range niches if the latest rumors around prove to be true. The one from a couple of days back, about Verizon’s upcoming Jasper, is one to be almost taken for granted. But that still might not look extremely promising for those of you who are on the hunt for a dirt-cheap phone.

Such a device could however be the Galaxy Reverb, leaked by the same source as the Jasper and set to come to Sprint and Virgin Mobile soon enough. The upcoming 4-incher, also known by the codename SPH-M950, has a much more modest spec sheet than Verizon’s Jasper, but that’s exactly what could make it attractive.

The 4-inch WVGA capacitive touchscreen with 480 x 800 pixels resolution might give you the impression that the Reverb is more than a low-end device, but the single-core 1.4 GHz Qualcomm MSM8655 processor, 768 MB of RAM and 4 GB of internal memory don’t exactly fit the bill of a mid-range gadget, let alone a high-end one.

According to the EV leaks Twitter account that made Reverb’s specs known to the public (and got itself deleted in the process), the 4-incher will run Android 4.0 ICS out of the box. This makes it more than an entry-level phone, and features dual 5 MP/1.3 MP cameras.

There was also a supposed pic starring the Reverb in EV leaks’ tweet (above), but that’s a bit generic to convince us it’s the real deal. If it’s legitimate, however, it increases our suspicions that the Reverb will be targeted by Sprint directly against the Jasper, with the very likely price advantage.

And talking about the price, we should tell you that we strongly suspect Sprint to release the Reverb for under $100 (possibly $50) with a two-year contract, while the network’s smaller sibling, Virgin Mobile, will likely put it up for sale for $200 with no carrier agreement, but with prepaid plans.

Before counting your chickens, though, you should keep in mind that Samsung hasn’t made this low-end to mid-range device official just yet, so we might have to wait a month or two before actually being able to buy it. If it in fact exists, that is… Do you want it to exist?

This comes from our sister site, dgit Daily. Over there we offer all the latest updates from accross the techiverse.

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