AT&T Slashes Pricing on HTC First with Facebook Home to One Dollar
We're speculating here, but it appears AT&T and HTC are desperate to draw attention to the HTC First after a lackluster debut. Otherwise, it's hard to imagine AT&T dropping the price to $0.99 less than a month after debut, whereas previously it was selling for $100 with a two-year service agreement. Now it's basically free (contract costs notwithstanding).
To be fair, phones drop in price all the time, they just usually they don't come down in cost this far and this quickly after launch if they're selling well. Simply put, there are better phones out there, even if all of them don't run Facebook Home, which is available on Google Play but only works on a few Android phones at the moment.
In case you're interested, the HTC First features a 4.3-inch HD display, dual-core 1.4GHz processor, 1GB of RAM, 16GB of internal storage, 5MP rear-facing camera, 1.6MP front-facing camera, micro USB 2.0 port, 802.11n Wi-Fi, Bluetooth 4.0, Android 4.1 Jelly Bean, and of course Facebook Home pre-installed.