Nokia is sliding dangerously close to oblivion

Nokia Lumia 900 and iPhone

They can’t seem to catch a break.

News has been bad for the former leader in handset sales worldwide and it’s only gotten worse recently. They announced today that the Lumia 900 Windows phone, their flagship, will be sold at 50% off only three months after its launch. With a 2-year AT&T agreement, the phone costs $49.99.

This was expected to some extent after Microsoft announced that the current phones would not be able to run their upcoming Windows 8 software. It has consumers believing that there’s no reason to get any of the current Windows phones and they would be correct. This news comes on the heels of reports that they’ll be cutting 10,000 jobs and that they were downgraded to “junk” status by all three major credit agencies. Here’s the report from Reuters.

Nokia Oyj has cut the U.S. price of its flagship smartphone in half, barely three months after its launch, in an effort to stanch losses in market share to rivals such as Apple Inc and Samsung Electronics Co.

Written by Lorie Wimble

Lorie is the "Liberal Voice" of Conservative Haven, a political blog, and has 2 astounding children. Find her on Google+ and Twitter.
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3 Comments »

 
#1
Sandor Benko
July 16th, 2012 at 12:00 am

Microsoft killed it all with the announcement that current Windows phones won’t run Windows 8. Why buy one with 7.5 then? I guess it’s passable as a cheap mp3 player…

Or, M$ wants to bankrupt Nokia and buy the remains on the cheap.

 
 
#2
Nolan
July 20th, 2012 at 7:43 am

What I wonder is why this keeps being brought up? do you think the same thing about Android? They have been leaving phones behind with new OS’ I have a Galaxy Tab 10.1 that I had for less than 4 months when ICS came out….Yet I did not hear all of these complaints about my tablet being left behind? Matter of fact there has not been one Android release that has not left a bunch of phones behind? 

 
 
#3
Sasha Shepherd
July 16th, 2012 at 5:15 am

$25 and no contract, maybe we’ll talk.

 

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