It’s another bad news day for Nokia, but it might not be too bad for consumers. Nokia reported that they have taken price actions on its current smartphone portfolio so I immediately checked Amazon for the latest prices. I found out that the blue Nokia E7 and N8 are now available for $459 and $349. Those are at least $200 off the original prices!
The press release from Nokia today explained that multiple factors are negatively impacting their Devices & Services business. They now expect Devices & Services net sales to be substantially below its previously expected range for the second quarter 2011. The main cause is the lower than previously expected average selling prices and mobile device volumes.
I feel bad that Nokia isn’t doing too well, but consumers end up with very capable devices that are now a little more affordable. Are these price reductions tempting enough for you?