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Old March 25th, 2011, 06:54 AM   #1 (permalink)
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Default Be glad you picked up your Optimus V before this week.

Best Buy has the Optimus V shooting up to $199. I think Virgin Mobile saw how many new activations they were getting/3g issues and upped the price to slow sales?

Not sure if anyone has seen any other stores with the price change, but I bought my optimus from best buy 2 weeks ago, and i'm glad i did. $70 increase is a huge jump!

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Old March 25th, 2011, 07:20 AM   #2 (permalink)
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Quote:
Originally Posted by michealbond View Post
Best Buy has the Optimus V shooting up to $199. I think Virgin Mobile saw how many new activations they were getting/3g issues and upped the price to slow sales?

Not sure if anyone has seen any other stores with the price change, but I bought my optimus from best buy 2 weeks ago, and i'm glad i did. $70 increase is a huge jump!
Or maybe it is just a supply/demand issue?

Other thoughts are the latest Best Buy trouble the reason, they are loosing out big time to online sales.
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Old March 25th, 2011, 07:33 AM   #3 (permalink)
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Holly cow, check out the prices on Amazon, what is going on with this phone?

Did Sprint panic and climbed on the brakes?
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Old March 25th, 2011, 07:49 AM   #4 (permalink)
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It's possible the Best Buy price is a typo online...I was in a store a couple of days ago and they still had the phone on sale for $129.99 on the shelf.
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Old March 25th, 2011, 07:52 AM   #5 (permalink)
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Holy Sh!t, Amazon.com: optimus v

$244.99 !!! Has to be a mistake.
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Old March 25th, 2011, 08:02 AM   #6 (permalink)
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How about this one. LOL!

LG Optimus V - BRAND NEW! STILL IN UNOPENED BOX! - eBay (item 200588263938 end time Mar-25-11 17:47:25 PDT)

Time to pick up the $129 ones and list them.
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Old March 25th, 2011, 08:07 AM   #7 (permalink)
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I got mine from Target for $109.00 if you take in account the $20 gift card I got with it.
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Old March 25th, 2011, 08:08 AM   #8 (permalink)
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We could make a killing with these. Target still has them for $129 and so does BestBuy.
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Old March 25th, 2011, 08:19 AM   #9 (permalink)
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I was at Best Buy on Monday night (for unrelated purposes) and noticed they had the price listed for the Optimus as $199 and none on the rack.
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Old March 25th, 2011, 08:37 AM   #10 (permalink)
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optimus v - BestBuy

http://www.amazon.com/LG-Optimus-Prepaid-Android-Virgin/dp/B004LJ8N78/ref=sr_1_1?ie=UTF8&qid=1301060295&sr=8-1

Glad I bought mine the day it came out!
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Old March 25th, 2011, 09:21 AM   #11 (permalink)
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Looks like it's game over for getting this one for cheap or maybe at all.
Glad I picked up a couple, feel stupid for not hoarding them for resale.
Should have know the deal was just too good to be continued.

All the data problems had to be from the increased subscribers load, they were totally unprepared.
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Old March 25th, 2011, 09:26 AM   #12 (permalink)
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I got mine at RadioShack last night for $149.99.

Oh by the way HI everyone
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Old March 25th, 2011, 09:27 AM   #13 (permalink)
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RadioShack still has them fro $149.99 for the time being.

Picked up my replacement last night, as well.
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Old March 25th, 2011, 10:36 AM   #14 (permalink)
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Two weeks ago, I tracked down the last one in my state after looking for one for three days. $149.00 and I was glad to pay it.

I was looking for accessories at BB and almost screamed when I saw how much they jacked up the price. VM's site still shows the phone as out of stock.

I LOVE my LG Optimus V. Can't beat the cost or the plan!
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Old March 25th, 2011, 11:47 AM   #15 (permalink)
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Wow. I just bought mine at RadioShack for $149. Now I don't feel so bad for missing out on the $129 sale at Best Buy.
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Old March 25th, 2011, 12:30 PM   #16 (permalink)
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Virgin/Sprint would be insane to raise the price since Cricket is getting ready to release the Optimus on their network for $130. I can't believe this is a long term problem, probably just a little corporate greed, or should I say a little more corporate greed from best buy and amazon.
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Old March 25th, 2011, 12:56 PM   #17 (permalink)
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Quote:
Originally Posted by xbrokdikdogx View Post
Virgin/Sprint would be insane to raise the price since Cricket is getting ready to release the Optimus on their network for $130. I can't believe this is a long term problem, probably just a little corporate greed, or should I say a little more corporate greed from best buy and amazon.
Yep, but the plan don't sound so hot

"Of course, as with all Cricket devices, you won't need to sign any kind of contract with the Optimus C, though you will need to sign up for a $55 unlimited everything plan to use it"
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Old March 25th, 2011, 01:02 PM   #18 (permalink)
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Originally Posted by AQAA View Post
Yep, but the plan don't sound so hot

"Of course, as with all Cricket devices, you won't need to sign any kind of contract with the Optimus C, though you will need to sign up for a $55 unlimited everything plan to use it"
Not that it matters to me but cricket is not available in my area,i live 32 miles west of New York City,everything is available to me,that tell me their not very good.
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Old March 25th, 2011, 01:11 PM   #19 (permalink)
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Just got mine last night at Walmart. Still $149, but you have to ask for it. They do't keep them on the shelf.
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Old March 25th, 2011, 01:24 PM   #20 (permalink)
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Not that it matters to me but cricket is not available in my area,i live 32 miles west of New York City,everything is available to me,that tell me their not very good.
Must admit I never even heard of them, they are part or owned by Leap Communication, they have about 5 million subscribers and were looking to sell to AT&T or Verizon last year.
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Old March 25th, 2011, 01:29 PM   #21 (permalink)
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Cricket isn't in all markets and I am not sure many folks would consider them a top company, just another option for prepaid. However, they price the optimus at $130, Tmobile has the Comet Android at $99. If Virgin were to price the Optimus at $200+ it would be pretty crappy of them. I don't think this is the case though, as other report being able to buy it for $150 still at Radio Shack and Walmart. I think this is just another example of corporate greed.
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Old March 25th, 2011, 01:37 PM   #22 (permalink)
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Quote:
Originally Posted by xbrokdikdogx View Post
Cricket isn't in all markets and I am not sure many folks would consider them a top company, just another option for prepaid. However, they price the optimus at $130, Tmobile has the Comet Android at $99. If Virgin were to price the Optimus at $200+ it would be pretty crappy of them. I don't think this is the case though, as other report being able to buy it for $150 still at Radio Shack and Walmart. I think this is just another example of corporate greed.
It not so much the price of the phone,it's the plan pricing and right now no one has Virgin beat,if i was assure that the data would stay working and it seems it has at least on my end,the last 3 days,i would spend the 200 dollars.
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Old March 25th, 2011, 02:53 PM   #23 (permalink)
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Out of stock at Virgin mobile, price listed as $149.99
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Old March 25th, 2011, 02:57 PM   #24 (permalink)
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I stopped by target yesterday, 3/24/11 and they had 2 for 149.99. I asked about the 129.99 plus $20 gift card and they said that was last week. I will wait for another sale, by someone.
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Old March 25th, 2011, 03:39 PM   #25 (permalink)
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There is no modular for them---no place on the planogram. they're usually behind the counter in a case.

And They're $149.

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Just got mine last night at Walmart. Still $149, but you have to ask for it. They do't keep them on the shelf.
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Old March 25th, 2011, 03:41 PM   #26 (permalink)
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the $199 Price at Bestbuy has NOTHING to do wtih supply and demand.

BESTBUY is famous for doing this. Is not the first time on a hot seller/new release. they are so greedy.

Target, wal-mart, and radioshack all still have the in stock @ 149.99 here.


Quote:
Originally Posted by michealbond View Post
Best Buy has the Optimus V shooting up to $199. I think Virgin Mobile saw how many new activations they were getting/3g issues and upped the price to slow sales?

Not sure if anyone has seen any other stores with the price change, but I bought my optimus from best buy 2 weeks ago, and i'm glad i did. $70 increase is a huge jump!
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Old March 25th, 2011, 03:47 PM   #27 (permalink)
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Default huge markup on Optimus v

There is about a 35.00% Margin on these Phones. Cost is usually around $98~99....Selling for $149.99

That's a MARKUP of around 52%. how do you think Target was selling them for $129-20g/c?

A friend of mine works at Radio Shack and he showed me their cost in their computer.

I'd imagine that retailers such as best buy, wal-mart, and target, that offer them on sale, great a much bigger deal (at cost) because they probably buy THOUSANDS at a time selling them in all their stores.

So selling one at $149. a store make a hefty $50 profit on one.

BestBuy trying to sell one for $199 is just PURE CORPORATE GREED!!!!

Quote:
Originally Posted by michealbond View Post
Best Buy has the Optimus V shooting up to $199. I think Virgin Mobile saw how many new activations they were getting/3g issues and upped the price to slow sales?

Not sure if anyone has seen any other stores with the price change, but I bought my optimus from best buy 2 weeks ago, and i'm glad i did. $70 increase is a huge jump!
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Old March 25th, 2011, 04:42 PM   #28 (permalink)
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I just called Target where I live and its $149.99.
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Old March 25th, 2011, 07:42 PM   #29 (permalink)
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Originally Posted by bswann View Post
I got mine from Target for $109.00 if you take in account the $20 gift card I got with it.
Same here. High five! I used my gift card to buy a $25 top-up card, which was on sale for - I think - 7% off.

I'd be pissed at the price hikes if I was still trying to get an Optimus, but at least the plan rates aren't going up. It's still just $25 a month and you aren't locked into a contract. One of my relatives has an iPhone and pays more than three times as much for service on Verizon.
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Old March 26th, 2011, 10:35 AM   #30 (permalink)
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I got mine two weeks ago at Best Buy 129.99 glad I did too. I wouldn't want it at that price.
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Old March 26th, 2011, 01:48 PM   #31 (permalink)
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Same here, $129 at Best Buy two weeks ago. Love it after I tweaked it out the way I like it w/o much cpu/memory issues.

Debated phone insurance, but the deductible is $65 plus $5/month...which after a few months makes NO sense at all for a device so cheap.

But honestly, best device I've ever owned, hands down
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Old March 26th, 2011, 02:30 PM   #32 (permalink)
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Yeah I didn't get the phone insurance but its a neat phone on a low cost plan. I can afford 25 a month for this.
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Old March 26th, 2011, 05:50 PM   #33 (permalink)
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Quote:
Originally Posted by greg4android View Post
the $199 Price at Bestbuy has NOTHING to do wtih supply and demand.

BESTBUY is famous for doing this. Is not the first time on a hot seller/new release. they are so greedy.

Target, wal-mart, and radioshack all still have the in stock @ 149.99 here.
Agreed.
If you doubt this, go look at the price of USB and network cables at Best Buy, then go to any other store. That $25 USB cable that was handily sitting next to that printer you bought, is only about $8 across the street.

You can get good deals at Best Buy, but you better research it before you buy or you can be taken for a ride.
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Old March 26th, 2011, 06:02 PM   #34 (permalink)
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i'm not doubting anything. I worked at COMPUSA for 8 years before they went bankrupt. I know all about margins and profititable areas of retail.

Extended warranties, replacement plans, insurance plans, cables, and accessories are MAJOR CASH COWS for retailers! ! ! !

A USB cable that literally costs $1.30 is sold for $29.99 at retailers like BestBuy.
A $60 extended warranty cost the store about $11.

A memory install that the GEEK SQUAD charges $30 for cost the store about $6. (Compusa and Circuit City were about the same).

Why do you think best buy sales people hound you about "Performance Service Plans", and Geek Squad Services. Its major profit for the store.
With margins on computer hardware running only around 8%, they gonna push these to make up revenue.

With the Optimus V average cost running about ~ 97 or so, $149 is a nice little profit for the store. $199 is just out of this world.

BestBuy knows the item sells well, and it trying to profit more off it.
Someone would have to want one mighty bad to pay $199 for one.

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Agreed.
If you doubt this, go look at the price of USB and network cables at Best Buy, then go to any other store. That $25 USB cable that was handily sitting next to that printer you bought, is only about $8 across the street.

You can get good deals at Best Buy, but you better research it before you buy or you can be taken for a ride.
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Old March 26th, 2011, 06:54 PM   #35 (permalink)
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At $199, they will likely have the only ones in stock, which isn't so bad when you consider that they price match.



Sorry Greg4android, I meant the "you" as in people in general. Not you specifically.
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Old March 26th, 2011, 06:58 PM   #36 (permalink)
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Generally, they're pretty good about price matching (they usually verify here though).. Wonder if anyone will have it on sale starting sunday.


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At $199, they will likely have the only ones in stock, which isn't so bad when you consider that they price match.



Sorry Greg4android, I meant the "you" as in people in general. Not you specifically.
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Old March 26th, 2011, 07:43 PM   #37 (permalink)
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I think BB is just trying to recoup the money lost when they were having to price-match Target's $129.99 + $20 GC deal lol
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Old March 26th, 2011, 07:52 PM   #38 (permalink)
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they didn't really LOSE any money. They just didn't make as much profit.

Cost on the Optimus V is around ~$97..

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I think BB is just trying to recoup the money lost when they were having to price-match Target's $129.99 + $20 GC deal lol
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Old March 26th, 2011, 08:12 PM   #39 (permalink)
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Quote:
Originally Posted by greg4android View Post
they didn't really LOSE any money. They just didn't make as much profit.

Cost on the Optimus V is around ~$97..

Ok, so they are trying to recoup the profit they didn't make. Better?
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Old March 26th, 2011, 08:57 PM   #40 (permalink)
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at 199 this is still a good smartphone. I paid 149 and got my wife one for 129 and for everything this phone does and no contract, you can't beat it.
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Old March 26th, 2011, 09:12 PM   #41 (permalink)
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Quote:
Originally Posted by TVCCS View Post
It's possible the Best Buy price is a typo online...I was in a store a couple of days ago and they still had the phone on sale for $129.99 on the shelf.
I was in the store today picking up minutes (and playing with the giant Nexus S lol) and I can confirm that it is still $129.99
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Old March 26th, 2011, 09:30 PM   #42 (permalink)
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ONLINE and IN-STORE pricing to tend to vary alot here lately.

I think what might be happening is that people are ordering them on-line for in-store pickup. If this happens, it limits the people shopping in-store from getting product (as the in-stock item can basically be pulled right from under them by an online customer).

I guess this would suck standing right in front of one at the store, then a bestbuy employee comes and grabs the only two on the shelf for an online order for store pickup.

Maybe this is the logic behind raising the on-line price. Only theory I can think of.

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I was in the store today picking up minutes (and playing with the giant Nexus S lol) and I can confirm that it is still $129.99
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Old March 26th, 2011, 11:56 PM   #43 (permalink)
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Actually, both my local Target and BB sells it at $199 since yesterday...
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Old March 27th, 2011, 06:04 AM   #44 (permalink)
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Radioshack is now showing $199 on their website.

Looks like a price increase all around, still worth it.



Odd.
Best Buy shows the Intercept at $169, while both Radio Shack and Target show it at $199.
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Last edited by Leslie Ann; March 27th, 2011 at 06:09 AM.
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Old March 27th, 2011, 06:07 AM   #45 (permalink)
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Quote:
Originally Posted by Leslie Ann View Post
Radioshack is now showing $199 on their website.

Looks like a price increase all around, still worth it.
Wow, I definitely feel fortunate I was able to pick up my replacement device Thursday before the increase.
I even dragged my fiance kicking & screaming into the 21st century with one of his own and he is now a complete Android addict (tho he leaves the tinkering to me).

I wonder if the price increase was not so much due to corporate greed so much as to slow down sales a bit while they hash out the network issues. Pure speculation.
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Old March 27th, 2011, 06:10 PM   #46 (permalink)
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I was wondering what was going on. Figures just when I decide on a new phone they jack up the price. Tried Best Buy Friday ($199), Target yesterday ($199 and no stock) and RadioShack today ($199 no stock on shelf). Of course everywhere else is sold out online.

Prices are reaching over the $200's online. I refuse to overpay for this device so I guess I'll just hang on to my old LG Rumor Touch. I've been using my VM MiFi and iPod Touch a lot anyway.
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Old March 27th, 2011, 06:35 PM   #47 (permalink)
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I bought mines about two weeks ago Thursday when I saw that it became available on VM website and on Best Buy. Phone went out of stock the next day Friday and I checked the price and it is 199.99 now. woo!
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Old March 27th, 2011, 06:46 PM   #48 (permalink)
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I just picked up a NEW one at Wal-Mart in Middle TN for $129!
they had 6 of them right there on the peghooks!
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Old March 27th, 2011, 08:37 PM   #49 (permalink)
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Read that on Best Buy's website like a day or two after I bought mine, thought it must have been a mistake because I immediately went to the RadioShack and Virgin Mobile sites and each still had it for $150.
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Old March 27th, 2011, 09:51 PM   #50 (permalink)
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I was in the local Sprint store today, and they still had the VM Optimus V for $149. Tempted to get one for the wife, but still a little leery about the data problems.
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