The Samsung Galaxy S3 went on sale at the end of May 2012 for just under £500. Although originally its retail price remained constant, we’ve noticed a downward trend on its price over the past few weeks.

Online retailer (and photography specialist) DigitalRev.com is selling it – unlocked and unbranded - for £419 including free delivery. This is by far the cheapest price we’ve seen for that handset and we reckon it’s either a one-off, a genuine mistake or an attempt by the retailer to capture some link goodwill.

The smartphone comes with a quad-core Exynos 4412 processor clocked at 1.4GHz, a 4.8in Super AMOLED display with a 1,280 x 720 resolution, 1GB of RAM, 16GB onboard storage, 50GB Dropbox online storage, a microSD card slot, Bluetooth 4.0 LE, Android 4.0.4 Ice Cream Sandwich with a TouchWiz UI as well as a number of exclusive features like Smart Stay, Smart Alarm, S Voice and S Beam.

It is likely that Samsung and its partners will drop the price of the S3 ahead of the launch of the iPhone 5 which is expected to happen on 12 September. Check our review of the Samsung Galaxy S3 and find out why we like it so much.

Source: DigitalRev