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January 01, 2014 AT 11:22 AM
Motorola is ringing in the New Year with a price cut for its marquee smartphone. The Moto X now costs $399 off-contract at major US carriers. With a two-year contract at a carrier such as Verizon Wireless or AT&T, the smartphone starts at $99.99. "We've been hearing a lot recently from people who want a new premium smartphone at a reasonable price without having to wait for a contract upgrade," Motorola said in a blog post Wednesday.