The Nokia Lumia 900 has dropped to $49.99 on contract at AT&T and is also available in pink.

It was announced early last week that the Nokia Lumia 900 would be arriving at AT&T stores in a lovely shade of pink today, but what wasn't know was that a price drop would be coming along for the ride.  You can now pick up the flagship Nokia device for $49.99 on a two-year contract, which isn't too shabby.

There is, however, one caveat to running out and picking up this device, and that is the fact that the Nokia Lumia 900 won't receive Windows 8 when that iteration of the operating system launches in the fall.  It's a good phone to be sure, but you are definitely locking yourself out of getting the next version of the Microsoft mobile operating system.

[via Nokia]