T-Mobile Germany Cuts iPhone Price To $156
By Dianne See Morrison - Fri 04 Apr 2008 08:08 AM PST
T-Mobile Germany has slashed the cost of an 8GB iPhone to a mere 99 euros ($156) from 399 euros ($628), in what analysts are saying is an attempt to clear the shelves before 3G iPhones hit the market, reports Reuters. The 99 euro phone is still tied to a contract though—one that costs 89 euros ($140) a month and runs for two years. Other analysts questioned whether the sale was just, well, a sale, indicating that the iPhone wasn’t doing as well as hoped for in the German market. Deutsche Telekom (NYSE: DT) which owns T-Mobile said that the network sold 70,000 iPhones since its November launch in January. Since then, there’s been no word on new figures. Shortly after T-Mobile rolled out the iPhone, Vodafone (NYSE: VOD) won an injunction to stop the sales of iPhones in Germany. The injunction was eventually lifted, but T-Mobile said in December that it would consider suing Vodafone if figures revealed the injunction had damaged sales.
Posted in: Companies, Apple, Operators, T-Mobile, Countries, Europe, Germany
Tags: iphone
