Nokia (
NOK) priced its
latest flagship Windows phone ambitiously — the Lumia 920 was at parity with the 16 GB iPhone 5 in early January. Both the Lumia 920 and the 16 GB iPhone 5
cost €540 in Germany, the largest smartphone market in Europe. By third week of March, the 16 GB iPhone price in Germany has dropped to the €510-€520 range at retailers such as
Modeo,
Notebooksbilliger and
Handyschotte. The price of the Lumia 920 has declined to €497 at retails like
Handyshop and
Notebooksbillige, but perhaps surprisingly, the price has remained above €520 at most retailers, ranging from
Modeo to
Notebook.
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