Verizon Wireless is having a fire sale on Samsung's first generation Galaxy Tab devices, presumably to make room for recently announced Galaxy Tab 2 tablets, which will be available to purchase on April 22, 2012. For those looking to save a little scratch, the first generation 7-inch Galaxy Tab is now selling for just $50 at VZW, which includes a discount for locking yourself into a 2-year service agreement with a qualifying data plan.
The full retail price for a first gen Galaxy Tab is $500, which is normally marked down to $230 with a 2-year service plan. Under the current promotion, you can save an additional $180, and that includes free shipping. What you get in return is a 7-inch Android 2.2 (Froyo) tablet with a 1GHz Cortex A8 Hummingbird processor, 512MB RAM, 2GB of internal storage plus an additional 16GB via a preinstalled microSD card (expandable up to 32GB), 1.3MP front-facing camera, 3MP rear facing camera with autofocus and flash, 3.5mm jack, 1024x600 screen resolution, 802.11b/g/n Wi-Fi, and up to 780 minutes of usage (up to 500 hours standby).
You're required to sign up for a data plan to receive the subsidized price. Data plans run $30/month for 2GB, $50/month for 5GB, or $80/month for 10GB, which adds anywhere from $720 to $1,920 to the cost of the device over the course of two years.
On April 22, Samsung will roll out its 7-inch and 10.1-inch Galaxy Tab 2 devices, both of which will run Android 4.0 (Ice Cream Sandwich) and sport slightly upgraded hardware.