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Nokia Lumia 920 pricing revealed: £125 cheaper than iPhone 5

Pricing for the upcoming Lumia 920 and Lumia 820 handsets is beginning to trickle out from European markets, indicating that the range-topping device could come in more than £100 cheaper than the equivalent Apple device.

Pricing for the soon to be released Windows Phone 8-based Nokia Lumia 820 and 920 smartphones has started to leak out for European markets, putting undecided iPhone 5 or Galaxy S3 buyers to the test .

Nokia Lumia 920
The Lumia 920 Photo Credit: Ben Woods

The headline grabbing Lumia 920 model will cost around €599 (£475) according to Nokia's Italian office, reports say, although it has also been announced by Nokia Germany as €649.

While Nokia could not, or would not confirm UK pricing to me, I have been reliably informed that it is likely to be closer to Italian pricing, so, somewhere around £475 SIM-free. Naturally, I also expect it to be free on qualifying contract deals when it's available on EE's network.

The slightly lower-specced (but in some ways, preferable) Lumia 820 is listed as coming in at €499 (in both Germany and Italy) meaning it should make its way to the UK for something like £395 if SIM-free.

The pricing of the 920 puts it in direct competition with premium handsets like the iPhone 5 and Samsung Galaxy S3. However, the S3 still costs around £450 (despite being on the shelves for around 3 months) and the freshly-released iPhone 5 pricing starts from £529, rising to £599 for the equivalent 32GB model.