Microsoft has slashed the prices of its Surface Pro 3 tablets by as much as $150, probably in anticipation of the upcoming Surface 4.

Microsoft unveiled the Surface Pro 3 in May 2014 and the tablet made its way to American and Canadian markets in June 2014. The tablet was released in other regions in late August 2014. Normally, companies launch a new product every year and based on that philosophy, the launch of Surface Pro 4 is already due.

The company has reduced the price of Surface Pro 3 with 128GB on-board storage, 1.9GHz Intel Core i5 and 4GB of RAM from $999 to $899. The other Intel Core i5 variant with 8GB RAM offers $150 of savings with a sticker price of $1,149 from $1,299.

The Surface Pro 3 i7 model with 256GB now goes for $1,399 from $1,549. It's other i7 cousin with 512GB storage also offers $150 of savings as it now sells for $1,799 from $1,949.

The price of the 512GB model of the Surface Pro 3 has also been reduced from $1,949 to $1,799. The 64GB model of the tablet is the only one that has not witnessed a price reduction and it still costs $799.

All the models of the Surface Pro 3 boast a 12-inch Full HD touchscreen display and comes running on the latest Windows 10 Pro operating system. The Surface Pro 3 also comes with a stylus called the Surface Pen that offers great drawing and writing experience to users.

"Barely tipping the scales at 1.76 pounds, the 12-inch Surface Pro 3 has all the power and performance of a premium laptop in a thin and lightweight design," per Microsoft. "It also comes with the Surface Pen which delivers a natural writing and drawing experience."

Undoubtedly, the Surface Pro 4 will bring new features and hardware specs that may attract more customers to the tablet. Microsoft has not yet confirmed its plans to launch the next-generation Surface Pro 4 but previous reports suggest that the tablet will be unveiled in October this year.

Tablet lovers who do not want to wait until the launch of the Surface Pro 4 may be tempted to buy a brand new Surface Pro 3 at discounted rates. The latest move of Microsoft might also signify that it's preparing for the unveiling of its next tablet.

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