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Nokia Pressures Opponents by Consistent Price Decrease

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If I, the user, were to buy a new mobile phone unit, of course I would choose a trusted brand that focuses on form and function. But most of all, I would also examine its affordability. This is probably what Nokia is considering that their clients might be thinking.

In line with this, Nokia cut prices for many of its handsets in July, causing its rivals to get tensed as they lowers down the costs of their units. For one, Motorola is already rumored to be struggling in losses since its flagship RAZR phone lost appeal among consumers.

Nokia increased its market share to 41 percent in the second quarter, helped by surging demand in emerging markets.


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