HELSINKI (Reuters) - Struggling Finnish cellphone maker Nokia has priced its new flagship model Lumia 920 more than 10 percent higher than key rival Samsung Electronics' Galaxy S3, pricing data from Sweden and Italy showed on Thursday.
Analysts said Nokia will struggle to explain the premium of the Lumia 920, which uses Microsoft's Windows Phone 8 software and is seen as potentially its last chance to break into the profitable segment and secure its future.
"Hardware-wise they are pretty similar, it would be hard for Nokia to justify that extra cost to consumers," said Ovum analyst Nick Dillon. "Windows Phone is still largely an unknown to consumers - they would probably expect to pay less if they are taking a risk."
Nokia said Swedish carriers would sell Lumia 920 for around 5,700 Swedish crowns ($860), excluding subsidies. This compares to 4,515 crowns asked for Galaxy S3 at Expansys, one of the leading online phone stores in Europe.
In Italy the Lumia 920 will sell for 599 euros ($770), compared with 530 euros price of Galaxy S3 which has been on the market for four months.
(Reporting by Tarmo Virki; Editing by Anthony Barker)
Earlier on HuffPost:
Google Project Glass
Google's Android operating system allows user to <a href="http://www.huffingtonpost.com/2012/04/04/project-glass-google_n_1403174.html" target="_hplink">interact with app icons</a> through the frameless, glassless interface, effectively augmenting reality.
WiMM Lab's One gives users access to several smart phone apps on their wrist with speciality <a href="http://mashable.com/2012/01/13/wimm-one-android-watch/#43347WiMM-One-Charging-View" target="_hplink">Android-powered smart watches</a>.
From the University of Arkansas, this e-bra <a href="http://www.nydailynews.com/life-style/health/e-bra-tracks-health-stats-sends-smartphone-replace-conventional-blood-pressure-monitors-article-1.1076442" target="_hplink">tracks your health stats</a>, such as your heart rate, and sends them to your smart phone for tracking and number crunching.
Digital Ticket Wristband For Concerts
MissionTix recently introduced a <a href="http://articles.baltimoresun.com/2012-05-02/business/bal-wristband-tickets-by-missiontix-20120502_1_wristband-new-tickets-concert-goers" target="_hplink">reusable digital wristband</a> concert-goers can wear so they don't lose track of their ticket during the show.
Vuzix Smart Glasses
The functional prototype seen in the video was originally developed for the military. Wearers view a <a href="http://www.engadget.com/2012/01/12/vuzix-augmented-reality-smart-glasses-prototype-hands-on-video/" target="_hplink">1.4mm holographic picture</a> through a special lens, which is attached to the powerhouse of the gadget -- a proprietary display driver.
The wristband monitors your activity throughout the day and <a href="http://www.zdnet.com/blog/apple/nike-fuelband-the-wearable-fitness-computer/12813" target="_hplink">calculates your your "NikeFuel" score</a>, based on your rate of motion and oxygen consumption, along with calories burned and number of steps taken.
Dancepants Kinetic Music Player
These speciality pants require you to keep running in order to <a href="http://www.ecouterre.com/power-your-music-player-with-your-running-pants/" target="_hplink">keep the music pumping</a>. (Photo via Designboom.com, designers: Inesa Malafej, Inesa Malafej and Arunas Sukarevicius)