Nokia cuts price of flagship Lumia 900 by half

(Credit: Josh Miller/CNET)

Nokia has slashed the price of its flagship smartphone by half in the U.S as it tries to fight its way back into the market.

Reuters reports that Nokia has cut the cost of the Lumia 900 from $99 to $49.99 following discussions between both Nokia and AT&T, which sells the smartphone exclusively in the U.S.

The Lumia 900 smartphone was first announced at Nokia World 2012 in London. It was one of the first devices launched following the partnership between Nokia and Microsoft to bring the Windows Phone operating system to Nokia hardware.

AT&T said at the time the launch of the Lumia would be a "notch above anything we've ever done," including the iPhone's launch.

Launched in the U.S. only three months ago, the smartphone was rendered obsolete by the announcement of Windows Phone 8 -- Microsoft's forthcoming mobile operating system -- which which the Lumia 900 will not be able to run.

The handset's fortunes had earlier sufferd a blow when, within days of its debut, it was ... [Read more]