Wednesday, July 6, 2011

Nokia Cutting Prices to Save the Business

Who could ever miss the pattern of recession and business salvation? After Nokia has closed its online stores in the UK, and its shops in the UK and US, even with announcements of pulling out the total Nokia market in Japan, the next probable thing to do to save the business and get back through product manufacturing is by cutting prices for more sales. This may be one of the wisest ways to keep up with the demands of the target market.

Nokia has slashed over 15% to some of its newest and most recent units such as the N8, C7, and E6, just to allure customers into buying a Symbian powered phone against an Android or iOS device. In fact, the changes can now be noticed in some online stores like Amazon UK or Amazon Germany.  The terrible trend may even fuel out prospective pricing on a cheaper side, a very aggressive move for the Finland-based company.

Source: Unwired View