Samsung Galaxy S5
New Samsung Galaxy S5 smartphones are seen on a display at the Mobile World Congress in BarcelonaReuters

Samsung unveiled its flagship smartphone - Galaxy S5 - on Monday at its "UNPACKED5" event in Barcelona after months of speculation. While the South Korean electronics giant revealed the specifications of the new device, it remained tight lipped on its pricing.

However, now, Gotta Be Mobile reported citing a source from Sprint carrier that the device would cost around $650 (approximately ₹40,274) off-contract. Rumor has it that the price would drop. 

It was earlier reported that the fifth generation of the Galaxy S series would be cheaper than Galaxy S4. Bloomberg reported citing a source familiar with the matter that the South Korean company might launch Galaxy S5 for a price lesser than the previous models in the S series, after receiving encouragement from at least one wireless carrier.

Samsung Galaxy S5 Availability:

Galaxy S5 will be released in 150 countries on 11 April and made available through several retailers like Best Buy, Sam's Club, RadioShack, Amazon, Walmart, Target, Costco, AT&T, Sprint, T-Mobile, U.S. Cellular, Verizon, MetroPCS, Bell, Rogers, SaskTel, Telus, Virgin Mobile and Wind Mobile.

Pre-order:

Carriers have not announced pre-order for Galaxy S5. However, RadioShack has started taking reservations of the device, where prospective buyers can register their names on the site, according to Gotta Be Mobile.

Specifications:

Samsung Galaxy S5 has 5.1" FHD Super AMOLED (1920 x 1080) screen with 16MP (rear), 2.0MP (front) camera. It is powered by 2.5GHz quad core application processor, runs on Android 4.4.2 (Kitkat) OS, and has 2GB RAM with internal memory of 16/32GB, which can be expanded up to 64GB through microSD card.

The device is Dust and Water Resistant, and features Fingerprint Sensor, Wi-Fi 802.11ac and 2X2 MIMO connectivity, S Health 3.0 and a 2800mAh battery.