Samsung Galaxy S3 price is making a downward swirl in many countries a week before its supposed release date next week.

The price tag of the Samsung Galaxy S3 has started dropping around the world due to the impending Samsung Galaxy S4 announcement and the first places are those who are not offering the handset with heavy subsidies from carriers.

Meanwhile, US carriers seemed to be getting rid of their stocks as well as maximizing their profits for the popular handset.

A lot of listings offering cheap Samsung Galaxy S3 can be found in online retail giant Amazon. The pebble blue and marble white version of Samsung Galaxy S3 from Sprint is available for $0.01. The device may come with a two-year contract under the carriers although it is not specified in the description.

IBTimes AU also reported that Samsung Galaxy S3 sold for $80 is found in online retail giant. The handset is locked under AT&T but IBTimes AU can solve this problem as we found a way to unlock their Samsung Galaxy S3 and Note 2 devices in five easy steps. You can choose from blue, white and red hues.

Lastly, a marble white variant of the GS3 under Verizon Wireless is now being sold for $50.

In Australian online retail websites, Samsung Galaxy S3 is still offered with a steep price, which is above $400. The device is also available through various Australian networks.

The specs and features of the Samsung Galaxy S3 are superb as the device boasts a quad core processor running at 1.4 GHz, a screen of 4.8 inches with 1280x720 pixel resolution and 8MP rear camera and 1.9 megapixel front camera.

On the other hand, the release of the much awaited Samsung Galaxy S4 is set on March 14. The invite drops clues that the Galaxy S4 is indeed the smartphone that will be unveiled on the unpacked event at Radio City Music Hall in New York City.

The latest news on the rumour mill of the Galaxy S4 is that the handset will include high end features such as 5G WiFi, 5-inch Full HD screen display, 13MP camera and a quad core processor.

The Samsung Galaxy S4 is also rumoured to feature an Exynos 5 Octa (8-Core) CPU, Mali-T678 (8-Core) GPU, 4.99″ SuperAMOLED Full HD Resolution Display, 2GB of RAM, 13 Megapixel Rear facing Camera capable of shooting 1080p Full HD Videos at 30FPS, 2 Megapixel front facing camera capable of shooting 720p HD Videos and run Android 4.2.2 Jelly Bean out of the box.