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Nokia Posts Loss as Smartphone Sales Tumble

While the company's new Lumia line of smartphones is gaining traction, those using the older Symbian operating system have lost their appeal.

 

Nokia Re-Enters U.S. With $50 Smartphone

Nokia is getting back into the U.S. smartphone business with an entry-level model powered by Microsoft's latest Windows software and sold by T-Mobile USA. The Lumia 710, one of two models that Nokia has launched in Europe, is slated to go on sale Jan. 11 for $50 after a rebate and a two-year contract. The Lumia 710 retails for €270 ($351) in Europe.

 

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