Motorola is kicking off 2014 with a permanent price cut on the Moto X, selling the smartphone on all carriers at $399 for 16GB and $449.99 for 32GB off-contract.

When Motorola offered the Moto X on all carriers for a reduced price on Cyber Monday, the smartphone's price cut was a hit with consumers. Motorola was offering the Moto X contract-free for $349 and $399 on Verizon, AT&T, Sprint, and T-Mobile. The company's online store wasn't prepared for the amount of traffic caused by its promotion and was knocked offline, causing many customers to miss out on getting a Moto X at a discount.

Motorola publicly apologized and announced it would offer the same deal on Dec. 4 and Dec. 9. The company completely sold out of its Moto X stock allocated for both dates in less than ten minutes. The reduced prices were a hit and now the company has decided to permanently cut the price of the 16GB Moto X to $399.99 and the 32GB model to $449.99 on any carrier.

As a reminder, the Moto X features a bright 4.7-inch 720p HD AMOLED display with a resolution of 1280 x 720. The smartphone is powered by a 1.7GHz dual-core Qualcomm Snapdragon S4 Pro processor with Motorola's X8 Computing and an Adreno 320 graphics processing unit (GPU). It ships with Android 4.2 but is upgradable out of the box to the latest Android 4.4 KitKat via an OTA update. It comes with either 16GB or 32GB of internal storage and 2GB of RAM.

Its camera capabilities include a 10-megapixel CLEAR PIXEL rear shooter with autofocus, LED flash, and the ability to record 1080p HD video. It also has a 2-megapixel front facing camera for video chat. The smartphone's wireless connectivity options include 4G LTE radio, dual-band Wi-Fi 802.11 a/b/g/n/ac, Bluetooth 4.0 with LE and EDR. Motorola ships the Moto X with a 2,200 mAh non-removable battery.

The new pricing also includes the Moto Maker customization service, which allows you to design your smartphone by choosing different colors for the smartphone's back and accents.