The 2 and a half year old Iphone 4 is still selling for £320 on the Apple store even though it is a technically inferior device to the Lumia 800 (camera, CPU and storage are miles behind the Lumia). The point I am making is that Nokia are selling a much more sophisticated device for half the price of the Iphone. Lumia sales must be bombing if they are having to cut the price so much to clear inventory.