An eye-catching rumour claimed that the much awaited Samsung Galaxy S4 may come with a hefty price tag as much as $400 under contract because of the high end specs and features to be included in the device.

Samsung's Galaxy S3 was introduced with the same strategy. A 16GB Galaxy S3 device with contract was priced $199. Galaxy S3 32GB device was introduced at $299, comparatively cheaper than iPhone 5's 32GB device.

With the inclusion of an eight core processor, full HD flexible screen displays among others may affect the price range of the smartphone.

According to reports, the much awaited Samsung Galaxy S4 will be launched on March 14 at New York, a day earlier than the previous rumoured release date.

Early this morning Eldar Murtazin, of large Russian site Mobile-Review, tweeted that people should save the date for March 14th, teasing a big announcement. SamMobile picked up the tweet, which lines up nicely with previously rumoured March Galaxy S4 launch dates and could tie into the supposed Galaxy S4 release date in the middle of April.

Initial reports claimed that the Samsung Galaxy S4 launch will be on March 15th or March 22nd, which lined up with our reports of a first quarter Galaxy S4 launch.

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 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.