Nokia Feature Phones and Lumia Line Have the Same Profit Margin

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The profit margin Nokia makes on its Lumia Windows Phones and its new $26 feature phone is the same according to an executive within the company. While discussing the company’s aggressive move into the ultra-cheap smartphone market with the Nokia 105, Nokia’s Director of Platform and Technology Development, Peter Wang told China’s YNet that the […]

Nokia’s New $20 Phone Can Do Things the iPhone 5 Can’t

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At just under $20, Nokia 105  compares favorably to the iPhone 5 expensive smartphones in a few key areas, but it’s not meant to replace Apple’s devices. Instead, Nokia is selling the device to emerging markets, where 2.7 billion people do not own mobile phones of any kind, primarily due to cost. Introduced today at Mobile […]