Microsoft's new Nokia phone—which costs a lowly $29—might not be groundbreaking to consumers used to working, browsing and shopping on their smartphones. But that's totally fine with Microsoft.
The giant tech company, which bought Nokia eight months ago, says the Nokia 215 phone is perfectly suited for first-time smartphone buyers or as a secondary phone for just about anyone. The entry-level phone costs just $29 and it's Internet ready. Redmond, Washington-based Microsoft unveiled the phone early Monday.
What's more, analysts say the cheap phone could help Microsoft gain market share in emerging markets, where millions of consumers are connecting to the mobile Web for the first time.