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1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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Current price of oil as of June 23, 2026
TechMicrosoft

Microsoft just unveiled a new phone that’s ridiculously cheap

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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June 3, 2015, 1:09 PM ET
Photograph by Stephen Lam — Getty Images
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Microsoft (MSFT) has just unveiled a new phone that costs $20.

The Nokia 105 handset is aimed at emerging markets, and it’s designed to get more people connected through 2G technology, according to a statement on the company’s website: “Microsoft’s most affordable mobile phone empowers people around the world to have a voice by bringing new mobile opportunities to their fingertips,” the statement said. “The new Nokia 105 builds on the success of its predecessor, the award-winning Nokia 105, and adds several improvements to enable you to achieve more.”

In addition to upgraded audio, the new Nokia 105 also allows users to store more contacts, and it has a battery that lets users keep power on their phone for over a month. It also comes equipped to play FM radio.

The move comes as Microsoft announces a partnership with chipmaker Intel for low-cost Windows 10 phones. Historically, Windows phones have sold only 34.9 million globally, capturing just 2.7% of the market share, according to PC World. Those phones with Intel’s X3 chips come priced from $75 to $249.

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About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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