GadgetPaper.com

Nokia cuts phone prices as market growth returns

"Nokia said price changes were part of its normal, ongoing business. The world's top cellphone maker usually cuts prices across its portfolio a few times each year.Several industry sources told Reuters Nokia had cut prices by up to 10 percent.After the price cut Nokia's cheapest smartphone model, the 5230, retails for around 170 euros ($239) in Finland. The model's wholesale price is now below 120 euros.Demand for cheaper smartphones has helped the segment grow despite the recession, defy...

Gartner Q3 2009 Smartphone Sales Figures

"Worldwide mobile phone sales totalled 308.9 million units in the third quarter of 2009, a 0.1 per cent increase from the third quarter of 2008, according to Gartner, Inc. Smartphone sales surpassed 41 million units, a 12.8 per cent increase from the same period last year.“The third quarter of 2009 saw the announcement of many new mobile devices, including several Android smartphones ready for the holiday season in the fourth quarter, but hardware commoditisation and the growth in open platform...