Samsung Moves To Slash The Price Of Their 7-inch Galaxy Tab

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Samsung, who earlier in the week predicted a 50 percent cut in production of their new Galaxy Tab 7 inch tablet which is selling in Australia for $995 has moved to slash the price of the Android based device, however it is not known whether they will cut the price in Australia during the next few days.

In Europe pricing for the Samsung Galaxy Tab has plunged in the past couple of days according to the Inquirer in what they are saying might be a sign of early trouble for the Android tablet.

The cost of the Samsung Android 2.2 device has dropped from an already reduced $1,109 to $745 at major retails stores in the UK.

Carphone Warehouse is selling the 32GB version for US $777 which is already $218 dollars under what Samsung is selling the same device for in Australia.

The sudden drop in price has come two weeks after the release of the Samsung 7 inch tablet with analysts  suggesting that Samsung had misjudged initial demand or was fairing poorly against Apple.

Executives at Apple have repeatedly said they priced the iPad “aggressively” but haven’t had significant challenges on this front until the Galaxy Tab arrived.

Samsung Australia has not made any comment, neither have carriers such as Vodafone who are selling the device at this stage for $79 a month which over two years adds up to $1,896.

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