While many consumers are filling their shopping bags with new devices this Black Friday, some people prefer to wait for Cyber Monday to take advantage of the different deals and discounts offered by online retailers. Unlike Black Friday wherein shoppers visit stores and line up, Cyber Monday is an annual shopping event that allows merchants to offer and consumers to get exclusive deals online. 

Motorola, for one, is giving buyers a chance to own one of the best smartphones as it offers a great Cyber Monday deal for Moto X (2014), slashing $140 off the unlocked version of the handset. To get the big chunk of discount, one must sign up here on Dec. 1 to receive the promo code. Through this promo, buyers can get the Moto X (2014) for $359, which originally costs $499. 

Buyers can also get the Moto X (2014) for just a penny under a two-year contract with Verizon Wireless by signing up through the link above. Moreover, Motorola accessories will be sold for 30 percent less in the web site on Cyber Monday. 

The deals will be available starting Dec. 1 at 11 a.m. People can sign up for the promo code until 5 p.m. Discounted units will be offered until supplies last. 

These are pretty good deals since Motorola's flagship smartphone packs top-of-the-line specs and features such as: 

• 5.2-inch Full HD screen display 
• 2.5 GHz Qualcomm Snapdragon 801 
• 3 GB RAM 
• Adreno 330 GPU 
• 32 GB of internal storage 
• 13 MP rear shooter with dual LED flash and 4K video capture with 2 MP front-facing camera 
• 2300 mAh battery 

And while the handset was released with Android 4.4.4 KitKat OS, it already started receiving the latest Android 5.0 Lollipop OS. Motorola handsets constantly receive high praise from critics and reviewers because of its fair specs at par with its rival smartphones coupled with a reasonable price tag.