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Nokia closes online stores in France and Spain

updated 08:35 pm EDT, Tue May 31, 2011

Move likely follows lackluster sales

Nokia has reportedly shuttered two of its online stores in international markets, as visitors to the company's web-based portals in France and Spain are greeted with notices pointing to the closures. The cellphone maker blamed the decision on lackluster sales performance, mostly driven by subsidies offered from carriers in both regions.

"Prices are too subsidized by the carriers and sales were low, so they will keep providing support," the company told Engadget.

Nokia earlier today cautioned that its overall sales numbers for spring may fall short of original targets, as the company deals with competition in Europe and China. Executives suggest immediate action will be taken, though the transition to Windows Phone 7 is still in progress.




by MacNN Staff

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