Nokia drops prices on smartphones to rejuvenate sales, Nokia N8 price slashed by 15%

Nokia drops prices on smartphones to rejuvenate sales, Nokia N8 price slashed by 15%
Nokia has slashed the prices of smartphones in Europe in an attempt to rejuvenate weak sales of its high-end devices, according to industry insiders quoted by Reuters. One of the insiders noted that Nokia's current flagship, the Nokia N8, will see its price drop by 15%. The same price cut will also come to the multimedia-centric C7 and the business-oriented E6.

The prices of other Nokia devices will also be decreased, but the biggest drop will be for those high-end handsets. 

"There are no very big cuts per model, but the scale -- across the portfolio -- is unseen for a very, very long time," an employee of a European telecoms operator added. But Nokia denied the price cut to be something out of the ordinary: “It's business as usual,” a spokesperson commented.

While that's far from unexpected, even more shocking is the fact that major markets like the US, the UK and most major Western European countries are not getting the Nokia N9. Research company Gartner has estimated Nokia's smartphone share to have felt dramatically to 25.5% in the first quarter, down from 39% on the year.

source: Reuters

FEATURED VIDEO

20 Comments

1. ryq unregistered

price of nokia phones generally fall after only a few months from its release. this has been going on for ages so its nothing new unlike samsung and sony ericsson and of course iphone.

2. rongun unregistered

i think that nokia will be release the windows version of n9 at major markets

3. PhoneLuver

Posts: 481; Member since: Jul 05, 2010

it's no secret that the N8 software sucks! I know of one person who's N8 froze up and had to wait for his phone's battery to die so he could reset it! lol

5. taco50

Posts: 5506; Member since: Oct 08, 2009

why couldn't he just pull the battery?

15. TreyTreyTaylor

Posts: 728; Member since: Dec 21, 2010

Nokia N8 doesn't have a removable battery. That might be a reason ;-)

21. DontHateOnS60

Posts: 872; Member since: Apr 20, 2009

Torx screwdriver will open up the battery hatch or try the 8 second power button hold.

20. PhoneLuver

Posts: 481; Member since: Jul 05, 2010

The N8 has an interrupt key (can't remember what it is right now), but even that didn't work. And yes, you need a screwdriver to remove the battery. You'll probably void your warranty in the process though.

13. DanT unregistered

Well, that means it was too stupid to use the phone ... he probably should get an iPhone, that one is easy even for my grandma. He just had to hold the on/off button for a few seconds .... ta daaaa ... magic!

4. aries.phills

Posts: 161; Member since: May 17, 2011

This is normal with nokia. Nothing extraordinary. Especially, when Nokia wants to introduce new devices, the do the price slashing of their old devices.

6. taco50

Posts: 5506; Member since: Oct 08, 2009

At this point I don't think this will give them a big boost in sales

9. iHateCrapple

Posts: 734; Member since: Feb 12, 2010

Agreed, only diehard Nokia fans will buy into the bargain bin, IMO.

12. hepresearch unregistered

As a former diehard Nokia fan, I can attest that I will not descend to buying a handset that is already obselete before it even comes off of the assembly line... no more Nokia for me.

7. viper26 unregistered

nokia should change its tagline to "we do whats obvious" Sometimes i wonder if the biggest book nokia management has read is red riding hood !

8. hawk62

Posts: 320; Member since: Nov 21, 2009

And a week ago the n8 was only $249 after rebate until they shut down their web store. Nokia is totally f**ked up anymore

10. Historical Dates unregistered

Osama bomb the twin towers sending it crashing down. -September 11th Elope bombed the news on the death of symbian sending Nokia crashing down - Feburary 11th

11. hepresearch unregistered

"Hmmm... we've been running out of inventory, and closing down all our online stores and some physical retail stores. We've been manufacturing less phones than ever, introducing less new models than ever, and making less money than ever. We are pulling out of the Japanese market entirely, and US network operators are not selling our products a whole lot any more. What do you think we should do, Emporer... I mean, Mr. Elop?" "Slash the prices... ALL of them." 8-)

14. InspectorGadget80 unregistered

What's the point when everyone around the world saw you NOKIA SOLD YOURSELF TO M$. Instead of joining Android OS where you can make some real money

16. TreyTreyTaylor

Posts: 728; Member since: Dec 21, 2010

Preach!

17. JS15278 unregistered

i am sorry but n8 and c7 are almost one year devices where is the strange to have a discount in there price other companies they get new prices sooner. as for the n8 i have since december and i don't change it for anything only for N9 or sea ray i will see when they come witch is better

18. TKFox007

Posts: 303; Member since: Nov 02, 2010

15%? Big spender

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.