The so-called “Facebook Phone” that was rumored for several months — if not years — was released a number of weeks ago, yet it appears to be already facing struggles.
Dan Graziano for BGR writes:
AT&T this week slashed the price of the smartphone from $99 to $0.99 with a new two-year agreement and reduced the off-contract price from $450 to $350. Although no sales data has been released, the recent price cut suggests that Facebook may be in the midst of its First big mobile flop.
While a price cut on the HTC First is not necessarily indicative of poor sales, it could very well signal that Facebook is the latest culprit of a mobile space that is dominated by two companies: Apple and Samsung. BlackBerry and Windows Phone could have told you as much.