All of the major U.S. mobile networks have confirmed they will begin offering the LG G3 smartphone this summer, but precise details have been scarce. A recent leak, however, may give some insight as to when Verizon Communications Inc. (NYSE:VZ) will get the LG G3.
Tech informant Evleaks tweeted Wednesday a screenshot of a leaked document indicating that the LG G3 would be available for preorder on Verizon starting July 10 and that it would be available on the mobile network starting July 17. If the report is accurate, it would be the first to provide details on the release of the LG G3 in the U.S.
â€” @evleaks (@evleaks) June 11, 2014
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To date, most carriers have only announced that they would begin offering the LG G3 in the summer. Sprint Co. (NYSE:S), in particular, says the LG G3 will be available starting in July. Outside of a few release details, only T-Mobile US Inc. (NYSE:TMUS) has divulged any information about its LG G3 model. The carrier has confirmed that it will be offering the LG G3 model with 3GB of RAM and 32GB of internal storage.
There's also prospective pricing information available for the LG G3 in the U.S. Sprint and T-Mobile have launched sweepstakes for customers who sign up for more information on the smartphone to be entered to win a free LG G3 handset. Within the official rules of these contests is the Approximate Retail Value (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 cost around the same price as its predecessor, the LG G2, which sold for about $650 off-contract when it was released in September 2013.
Other news about the LG G3 comes from overseas: The new flagship by LG Electronics Inc. (066570:Korea SE) is already on the market in South Korea and is reportedly outselling the Samsung Galaxy S5 3-to-1.