Motorola has officially announced the Moto E, which is the successor to the Moto G and the next in its line of budget friendly smartphones. The phone will come with a 4.3 inch, 960X540 Gorilla Glass 3 display, Snapdragon 200 processor, 1 GB of memory, 4 GB of internal storage which can be expanded with a micro SD card, a 5 MP rear facing camera, and a nearly stock version of Android Kit Kat. All of this will come at the rather incredible price of $129. That's $129 period, no carrier subsidy, no contract. Now clearly Motorola is not targeting the high end smartphone crowd with this, but anyone who is looking for a lower cost smartphone that packs respectable features for the money could do far worse than the E. More information about the E, as well as a hands-on first impression, can be found right
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Source: Engagdet