Amazon is feeling very festive this holiday season. It's now offering the AT&T Samsung Galaxy S5 for $49.99 when buyers sign a new 2-year contract, which is a nice savings over AT&T's $199.99 in-store and online price for the smartphone.

If you missed out on many of the excellent Black Friday, Cyber Monday, and Cyber Week sales we recently reported on, you can be rest assured that we love deals as much as you and will continue bringing the most popular tech products we come across at significant savings.

One of the most-gifted presents this holiday season is expected to be smartphones. Up until a few years ago smartphones were a niche product in the mobile world and consumers preferred carrying a simple flip phone around instead of a bulky smartphone. Now flip phones are headed toward extinction and for many people, a smartphone is no longer a luxury geeky toy, it's now a necessity that most people can't imagine living without.

If you've been shopping for a great deal on a flagship smartphone for you or a loved one this holiday season, Amazon is in a festive mood. As part of its ongoing holiday deals, it is offering the AT&T Samsung Galaxy S5 for $49.99 when signing a new 2-year contract. This is a significant savings over the $199.99 AT&T is currently charging online and in its retail stores.

The AT&T Samsung Galaxy S5 features a 5.1-inch 1920 x 1080 Full HD Super AMOLED display with a pixel density of 432 pixels per inch (ppi). The smartphone ships with Android 4.4.2 KitKat but will receive a free update to Android 5.0 Lollipop, which Samsung is expected to release in the very near future.

The Galaxy S5 is packing a 2.5 GHz quad-core Qualcomm Snapdragon 801 processor, Adreno 330 GPU (graphics processing unit). It includes 16 GB of internal storage and a microSD expansion slot that will support up to 128-GB microSD cards. It boasts a high-end 16-megapixel rear camera, 2-megapixel front-facing camera, built-in heart rate sensor, fingerprint scanner for security, a dustproof and water-resistant case, and a large 2,800 mAh removable battery.

If you want to take advantage of this limited-time deal, head on over to Amazon where you can score the AT&T Samsung Galaxy S5 for $49.99 when signing a new 2-year contract.