Price of Nokia’s Lumia 900 on AT&T Is Cut in Half

The following is an excerpt from an article in 

The New York Times
Monday, July 16, 2012

Price of Nokia’s Lumia 900 on AT&T Is Cut in Half

By BRIAN X. CHEN

The Lumia 900, Nokia's most ambitious effort to regain ground in the smartphone market, has dropped to half of its original price in the United States, just three months after its release. As of Sunday the phone can be purchased for $50 with a two-year contract through AT&T.

A significant price cut for a new handset is typically a sign that it has not been selling very well. Nokia and AT&T have not disclosed official sales figures for the Lumia 900.

Doug Dawson, a spokesman for Nokia, said such cuts were "an industry standard practice." He pointed to the Samsung Galaxy S II, which received a $50 price cut on AT&T after roughly the same amount of time on the market.