|
Nokia slashed this week around 15 percent off the price of its 3G phone model E65, one of the top sales and profit generators for the world's largest cellphone maker, market data showed on Friday. Analysts said the price cut was deeper than usual, but they were not surprised by the timing as handset vendors are setting up their offerings for the upcoming Christmas sales season. Nokia sold more than one million E65s in the second quarter, making it one of the top three products for the firm. It will report July-September results on Oct. 18, but analysts said all signs showed good sales of the phone had continued. Nokia said the E65 price cut was part of its normal price adjustments after the phone had been on the market for more than six months. Its success helped to pull Nokia's ailing enterprise unit into the black in the second quarter after years of losses. "This is normal for any product, the price varies at different stages of the product life cycle," said a Nokia spokeswoman. With the price cut the E65 competes in the same price category with Samsung's U600 and Sony Ericsson's K810i. Apple cut its iPhone price by one third just two months after it launched the phone, but later offered some rebates after phone owners' complaints. Price cuts of up to 10 percent are normal in the industry after the first few months of sales. Nokia has also lowered prices for its E61i, N73 and N73 Music phones this month, but not as sharply as the E65. "Nokia has been very aggressive with its pricing strategy during 2007," said Ben Wood, head of research at consultancy CCS. |
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
Interactive canvas livens The Starry Night painting by Van Gogh
Although a far fetched thought, stirring the starry sky with your finger tips or hands could be an exhilarating ...
Chinese mobile marketing company, Madhouse launches in India
Buying Metro tickets through NFC could be a reality by 2016
Citrix CloudStack 3 to offer Amazon-style clouds to customers
Protests erupt across Europe against web piracy treaty
Google is getting new test labs and 'Experience Center' at Googleplex
U.S government agency replaces BlackBerry with iPhone
In the mobile game it pays to experiment with technology especially when it comes to design form. In...
Leaked Images, Availability, Pricing,
Specs, Pre-order
13 Feb, 2012, 05:11 PM IST
7.5
Off late, budget Android phones are being manufactured by the dozen by both local as well as International ...
Sony Ericsson Live with Walkman Review
More from Mobile phones
More from this Author
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Gigabyte readying affordable dual SIM...
HTC rumoured to be working on a streaming...
Authorities seize iPads over trademark...
iPad sales to surpass PCs, believes Apple...
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
