In the market for a fancy cell phone at a decent price? The Blackberry Torch 9800 may be of interest to you, now that Research in Motion has halved its price to $99 to boost sagging sales against rival iPhone 4 from Apple.

The new $99 price comes with a two-year contract with AT&T. The phone is for sale on Amazon and other sites except AT&T's homepage, where it's still listed for $199.

RIM cut Torch's price after some reviews complained the Torch didn't have enough new features. But that's part of RIM's strategy, to appeal to buyers who prefer the old standard. And at $99, it's a pretty attractive price for a decent device with smartphone features.

RIM closed at $50.83 yesterday on the New York Stock Exchange. The stock hit its year-to-date high of $75.70 on March 29.

Increase your money and finance knowledge from home

Investing in Real Estate

Learn the basics of investing in real estate.

View Course »

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Add a Comment

*0 / 3000 Character Maximum