Recently, the Samsung Galaxy has evolved from a bunch of rumors to a probable iPad killer. The firm recently announced its carrier partners and analysts believe it is set for one of the most comprehensive marketing campaigns in its history. This should be helped by the fact that the Galaxy will come at a relatively low price.

While Apple is besieged by Android on the one hand, the Samsung Galaxy is challenging it on the other. It seems that Apple’s rivals are finally adapting to Apple’s new products and are in the process of offering consumers viable alternatives.

The Galaxy will be available with AT&T, T-Mobile, Verizon and Sprint, giving it much wider access to the public. While there is no official word about the pricing, sources claim that the Galaxy will be available for $ 199 with a 2-year service contract.  This applies to the model with a 2 GB memory and an additional 16 GB micro SD card option. With regards to the launch date, the details are still murky but expect the Galaxy to hit stores with the next few weeks.

The Galaxy comes loaded with some impressive features including a 1 GHz Hummingbird processor and a 7″ screen. There is also a 3-megapixel camcorder and a 1.3 megapixel webcam, but most importantly, it will come loaded with the Android 2.2.

Apple may have the upper hand for now, but unless it recognizes its limitations with regards to its carrier partners (exclusive partnership with AT&T) and operating system, it may find itself losing out to its rivals much faster than anyone anticipated.