To some, the Moto X from Motorola is a great smartphone; however, its mid-range specifications did nothing to convince some consumers to purchase the device for $200 on contract. Bear in mind that several high-end Android smartphones are on sale for the same price such as the 16GB AT&T Samsung Galaxy S4 or the iPhone 5s. Motorola and its wireless partners seem to have realized this, and have thus slashed the price of the device by $100.

The discounted Moto X devices can be found on AT&T Moto Maker website. It's also being sold by Sprint and US Cellular. The 32GB AT&T version is only $150 while the 16GB version goes for $99, so it's a great deal.

While the specifications might not be something to get excited about, the Moto X comes with innovative voice command features that no other smartphone offers, apart from the company's Droid lineup. Still, that's not enough to sway smartphone shoppers as other phones have faster processing and GPU power. The HTC One and Samsung Galaxy S4 have been on the market for the last 6 months, and yet the Moto X as the new smartphone on the market, is unable to match the sales of older rival handsets.

Furthermore, if users compare the Moto X with newer devices that come packed with Qualcomm's S800 chip or the iPhone 5s, Motorola's newest hero phone is quite slow and disappointing.

According to some reports, the price-cut could be a ploy to make way for Motorola's 2014 flagship smartphone, the Moto X8, that is rumored to be bigger and more capable than the Moto X. Not much is known about the device, but if it is real, Motorola should make it capable enough of competing with old and the new flagship models from competing Android smartphone makers.

At the end of the day, it makes sense for Motorola to drop the price of its handset, as at that $200 price-tag, it is unable to compete effectively with popular smartphones out on the market right now. However, folks who purchased a Moto X while it was going for $200 won't be pleased with the price-cut. Maybe to make these users feel better, the company should offer them free incentives to make the price drop hurt less.