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Nokia slashes price of Lumia 1020 in Europe: could this be in preparation for a new high-profile Lumia?

Nokia slashes price of Lumia 1020: could this be in preparation for its next big thing?
Just moments before its April 2nd event, Nokia has slashed the price of its 41-megapixel, camera-centric Nokia Lumia 1020 by a large margin. You can now buy the Lumia 1020 for just €399 off contract from various dealers (in Finland), down from an earlier price of €495. In other European countries, the Lumia 1020 price has also gone down recently, and you can get it for around €450. The phone launched at a much higher original price, selling for $299.99 on a 2-year contract in the United States (you can grab it for $99.99 on AT&T now).

It is the timing of this latest price cut that is particularly interesting. First, because it comes just as Nokia is about to hold an event, where it's expected to unveil new Lumia devices. Second, due to the fact that phone makers use price cuts like this one to clear inventory before the arrival of a refresh of a device, so we have some reason to think this could signal a Lumia 1020 successor.

The Lumia 1020 comes with a 41MP PureView camera with the second-largest sensor (the Lumia 1020 has a 1/1.5” sensor, second only to the 1/1.2” one on the 808 PureView) and with optical image stabilization (OIS). Most importantly, all those technical advances pan out in a camera that has consistently scored at the very top in camera comparisons. 

All in all, we should say that we could only speculate whether this is indeed freeing the way for a new Lumia flagship, but luckily, Nokia’s event that could answer this question starts later today. We’ll be covering everything around the anticipated Windows Phone 8.1 launch and the new Lumias, so stay tuned.

source: Gigantti via @WhatTheBit

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