Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Nokia Low Cost Phone: Nokia – Low-Cost Phone Released In This Gigantic Market

Nokia Low Cost Phone: Nokia Corporation (ADR) (NYSE:NOK) is doing everything it can to regain share of the mobile phone market. While the company may not be making much progress in the United States, it appears to be picking up steam elsewhere.

For example, Nokia has released its entry level Nokia 105 in India. While this may not sound like that big of a deal, first time buyers are falling in love thanks to a low starting price of $22.90 (or 1,249 rupees).

Nokia Corporation (ADR) (NOK)This smartphone will replace Nokia Corporation (ADR) (NYSE:NOK)’s 1280 model, which was wildly successful, selling more than 100 million units.

While the price point alone is enough to get people excited, there are other reasons why the Nokia 105 is receiving top notch reviews.

For example, this phone can bring a lot of fun to your life through bright colors. If you want to learn more about the available colors, which includes black and cyan, you can check out this official blog post from Nokia Corporation (ADR) (NYSE:NOK) itself.

Along with color, there are other features that have people in India wanting to buy the phone. Its color display is a huge selling feature, but the battery that allows for 12.5 hours of talk time is nothing to take lightly.

The Nokia 105 is never going to be confused with a high end smartphone, such as the iPhone. That being said, it is the perfect addition in India where many people are looking to purchase their phone first.

Here is an excerpt from the official Nokia blog post:

“Product manager Tracy Chen told Conversations that “Nokia’s experience in optimising phone quality, combined with its global footprint and economies of scale, is a major contributor to being able to work to such a low price.” Working with thoroughly-tested hardware and software means there’s no drop in quality.”

In other words, Nokia Corporation (ADR) (NYSE:NOK) is taking great pride in the fact that the phone is offering plenty of features, at an affordable price, without having to skimp on quality.

There are more than 2.7 billion people throughout the world who have yet to purchase their first mobile phone. This is due in large part to the cost. With the Nokia 105, this problem may be solved forever.

If you want to learn more about Nokia Corporation (ADR) (NYSE:NOK)’s 105 model, check out the video on the following page:

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.