Nokia trying to get rid of old stock? I guess they're getting ready for their next-gen of mobiles phones armed with Windows Phone 8 ;)

"Nokia has halved the US price of its flagship smartphone - the Lumia 900. The touchscreen phone is sold via US telecoms carrier AT&T and only went on sale in April 2012.

The price cut, from $99 to $49.99 (£32), is widely seen as an attempt by Nokia to win back market share from Samsung and Apple.

Nokia's ambitions for the Lumia 900 were dented by a software bug that meant many US phones occasionally lost their data connection.

A spokesman for Nokia denied it was acting out of desperation and said the price cut was "not unusual" at this point in a smartphone's life. He said the cut formed part of its "normal strategy" for handsets. Nokia has not said whether the price cut will be repeated in markets outside the US."

Source: BBC

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