Besides the poor camera performance, perhaps the biggest complaint with the Essential Phone was the price. While the phone definitely had a premium design with a good software experience, the $700 asking price was a sore point for potential buyers. Now the phone is getting a permanent $200 price drop.
According to TechCrunch, Essential believes that dropping the price would help it better break into the smartphone market, which is obviously dominated by companies like Samsung and Apple.
Essential Phone gets a permanent price drop to $499 was written by the awesome team at Android Police.