Nokia’s flagship Lumia 1020 has been on the market for just two weeks and the phone’s price has already been slashed by leading smartphone retailer Amazon. The new 41-megapixel Lumia 1020 launched on July 26th and while we found it to be the most impressive Windows Phone to date when we reviewed the Lumia 1020 last month, the phone’s $300 price tag was troubling. This past weekend, just two weeks after the phone debuted, the Lumia 1020’s price was cut by Amazon from $299.99 to $249.99 on contract. The Lumia 1020 features a 4.5-inch AMOLED display, a 1.5GHz dual-core processor, 32GB of storage, 2GB of RAM and Nokia’s 41-megapixel PureView camera. At the time of this writing, the handset was ranked at No.13 on the list of Amazon’s best-selling contract phones, behind older devices like the Samsung Galaxy SIII, the Galaxy Note II and Nokia’s own Lumia 928.

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.