By James Paladino/J.paladino@latinospost.com (staff@latinospost.com) | First Posted: Jan 19, 2013 06:04 PM EST

With a two-year contract, the 16GB S3 launched at $199.99 (Photo : Samsung)

The Samsung Galaxy S3 initially launched for as low as $199.99 with a two-year contract, but has since dropped significantly in price. Amazon Wireless in particular has slashed the smartphone entry fee by up to $150, giving consumers a chance to snag the coveted smartphone at a bargain price just months before the launch of successor, the Galaxy S4.

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Sprint subscribers can nab a 16GB Galaxy S3 for $49.99 or a 32GB for $169.99. Verizon faithful will have to pay a bit more of a premium, but only have to pay up $99.99 for the 16GB version and $179.99 for the 32GB. Lastly, AT&T must pay the most upfront for the 16GB, priced at $139.99. Please note that each deal requires a two-year contract. 

The Galaxy S3 runs off of Android 4.1 (Jelly Bean), which features S-Voice, Google Now, a smoother interface, improved search functionality, and a suite of other additions. The operating system, which has welcomed a warm reception among critics since its release, is currently available on AT&T, Sprint, T-Mobile, and Verizon platforms.

The Galaxy S3 sports a QUALCOMM dual-core Snapdragon S4 processor, a 4.8-inch HD SUPER AMOLED display, NFC, an 8-megapixel rear-facing camera and a 1.9-megapixel front-facing camera.

The Galaxy S4 will reportedly feature a 4.99-inch Full HD AMOLED screen, a 1.8GHz Exynos 5 Octa processor, 2GB of RAM, and a 13-megapixel rear-facing camera.

Check back with Latinos Post for the latest smartphone updates.

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