Though official pricing details for the LG G3 are not yet available, there is still some indication of what the recently unveiled smartphone might cost.
Many U.S. carriers have confirmed they will begin offering the new smartphone by LG Electronics (066570:Korea SE) during the summer. Sprint (NYSE:S) and T-Mobile (NYSE: TMUS) in particular have launched sweepstakes for customers who sign up for more information on the LG G3 to be entered to win a free LG G3 handset.
Details about the possible price of the LG G3 can be found in the official rules for both Sprint and T-Mobile's contests, which indicate the Approximate Retail Value or ARV for each carrier model. The ARV for the Sprint LG G3 is $599 and the ARV for the T-Mobile LG G3 is $650.
Though the rules also stress the value is an approximation and may not be what consumers ultimately pay for the LG G3, the ARV tends to vary from the actual retail price of a device by $50 to $100. Notably, the ARV for the T-Mobile Samsung Galaxy S5 was $700 and the off-contract retail price for the device is roughly $650.
The LG G3 will likely be priced the same as its predecessor, the LG G2, which sold for about $650 off-contract when it was released in September 2013.
The LG G3 features a Qualcomm Snapdragon 801 chipset clocking in at 2.5GHz, a 5.5-inch Quad HD (2560x1440) IPS display with a 538ppi pixel density, 2GB or 3GB of RAM, 16GB or 32GB internal storage options with microSD support up to 128GB, a 13 megapixel rear camera with OIS and Laser Auto Focus and a 2.1 megapixel front camera, a 3,000mAh removable battery and the Android 4.4.2 KitKat. The LG G3 includes connectivity and sensors such as LTE, HSPA+ 21, Wi-Fi 802.11 a/b/g/n/ac, Bluetooth Smart and NFC. The LG G3 will be available in Metallic Black, Silk White, Shine Gold, Moon Violet and Burgundy Red color options.