Nokia may be having a rough time in the smartphone world, but it’s still really good at making feature phones.

The company announced today the Nokia 207 and 208, a pair of 2.5-inch feature phones that offer fairly expansive feature sets for devices that cost around $68. Both will be available Europe later this year.

Both phones come with 3G radios, Internet connection sharing, and 30-day standby times, which Nokia says makes them ideal options not only for first-time phone owners, but also for those who want to leave their larger smartphones at home.

There are a few differences between the phones: While the Nokia 208 offers both dual-SIM support and a camera, the 207 offers neither. (According to Nokia, the 207’s lack of a camera makes it better “for people who work in places that ban camera phones on security grounds.”)

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Nokia’s feature phone attempts are interesting to watch, if only because the company is still surprisingly good at making money off them. Consider the ultra low-cost Nokia 105, for example. While the device costs $20, it only carries a bill-of-materials of $13.50, which, coupled with its manufacturing price, gives it a profit margin of roughly 29 percent, according to a recent teardown from IHS iSupply.

Feature phones may not be that exciting, but they’re making Nokia the most cash.

http://www.youtube.com/watch?feature=player_embedded&v=SPqhxxhomLA

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