Nokia dropped the price of their Windows Phones in the run up to the release of their Windows Phone 8 handsets by around 100 Euro, leaving the Nokia Lumia 800 costing only 249 Euro.

Now Esphoneblog.com reports that the Windows Phone 7.5 handset is selling out in stores, with stock on pre-order, and with even online retailers running out of stock.

Windows Phones have this year invariable resulting in big sales spikes, suggesting that instead of spending $500 million in advertising Microsoft could move many more handsets by simply subsidizing prices by $100 each.

Read more at Esphoneblog.com here.