TechHive: Canonical lowers cost of Ubuntu smartphone in bid to reach crowdfunding goal

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thumbnail Canonical lowers cost of Ubuntu smartphone in bid to reach crowdfunding goal
Aug 8th 2013, 15:55, by , IDG News Service

Canonical has lowered the price of its Ubuntu smartphone to $695 from $775 in a bid to reach its lofty $32 million crowdfunding goal in the next two weeks.

As of Thursday morning, the Indiegogo campaign for the Linux-powered Edge smartphone had received pledges for about $8.6 million. Canonical still has a long way to go, but is optimistic that it can raise the funds.

"The target is still $32 million, so we will need to ship a few more phones at $695 than we would at a higher price, but we believe we can do it. We have two weeks, and we have the best community out there," the company said on the campaign's website.

More on Ubuntu Edge: What is Canonical's ultimate goal?

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