Nokia's Lumia 920 to Sell for $50 Less Than Apple's iPhone 5

In designing the Lumia 920, Nokia

produced one of the most expensive smartphones ever conceived. Consumers will have to spend a

to take one home without a contract. But in America, AT&T

will reportedly sell the Lumia 920 for $149 with a two-year contract -- $50 less than the cheapest iPhone 5.

According to

, the price announcement came from a Best Buy

pre-order listing that the company published over the weekend. As of Monday morning, that listing appears to have been removed. A search for "Lumia 920" leads to some

-- dozens of keyboards from Logitech

. Just a few short months ago, AT&T had all but

. The cellular carrier made it difficult for the Finnish manufacturer to sell its devices in America. AT&T, which tended to favor Google's

Android platform, was reluctant to promote Nokia handsets in its stores. That, coupled with an immeasurable amount of hype for Apple's

iPhone 5, posed new challenges for Nokia. Before unveiling the

, Nokia produced a

to promote its mysterious device. That video (and its eventual follow-up)

after it was revealed that Nokia had shot the footage with a professional camera and not the Lumia 920 as indicated in the clip. In August, Nokia attempted to raise capital by

that the firm no longer needed. The company also rejected speculation that it would switch to Android and

for Microsoft's

new mobile platform, Windows Phone 8. Despite Nokia's troubles, a recent study showed that the company

the Windows Phone market. By working with AT&T to reduce the price of its flagship phone in America, Nokia hopes that it can maintain its dominance. If price is the deciding factor, however, the Lumia 920 might be in trouble. HTC is selling its leading Windows Phone 8 device, the 8X, for $99 on

.