Motorola Moto X+1
The Groupon smartphone app is displayed on a Motorola Droid Bionic cell phone in Denver in this file photo taken November 4, 2011. Groupon Inc slashed its full-year profit outlook on August 5, 2014, citing the need to spend abundantly on marketing to power the once-high-flying Internet coupon company's transition to a more comprehensive online retailer. Reuters/Rick Wilking

Verizon is offering the Verizon branded New Moto X (2014) on sale. On a 2 year contract the Moto X will cost just $49.99. Other carriers and the Pure Edition will offer the phone without contract and unlocked and will cost $499.99. This is a very good bargain from Verizon and is offered for a limited time period.

The specifications of the new Moto X 2014 is an improvement over the previous generation of Moto X. The device is 5.2 inches AMOLED, 1080p Full HD 1920x1080 display with 423 pixels per inch. It also has the Corning Gorilla Glass III that is waterproof and scratch resistant. The Moto X runs on Android 4.4.4 Kitkat and will also get the Android 5.0 Lollipop update. The device is powered by the Qualcomm Snapdragon 801 processor clocking at 2.5 GHz with Adreno 330 including 2 GB of RAM. The battery capacity is 2,300 mAh. This handset is updated with a 13 mega pixel camera which is a major improvement from the previous generation of Moto X.

The new price of $499.99 is without contract and is priced as such because of the updated size and specification of the Moto X (2014). According to Android Authority many may feel that this new price tag of $500 and up without contract knocks it out of viable contention when looking for a good contract free phone. They also go on to state that this is a good phone that has entered the smartphone market with other devices with the same specifications and should last the users a couple of years.

Moto maker is offering customization on this phone. If users are interested in this phone they can place their order on the Motorola website as soon as possible, this is a limited time offer and the best deal that Verizon is offering on the Moto X 2014. This handset could also be bought elsewhere but Moto Maker offers customization according to the user's choice. The offer ends on Oct. 20 at 11:59 PM Eastern Time.