Now, Nokia isn’t exactly the cheapest handset manufacturer in a lot of the markets around the globe in which Telefonica operates. Telefonica is acknowledging that by saying that Nokia’s asking price is just flat out “too expensive.” Simon Lee-Smith, who is the head of their European division, had this to say about Nokia:
Telefonica is confident that Nokia will be bringing cheaper phones to market sometime in 2012. Lee-Smith also said that other manufacturers believe that their astronomical prices are normal. Even if they are correct in assuming Nokia is going to be releasing devices at a cheaper cost, what are the odds that other big name manufacturers will follow in their footsteps?