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T-Mobile slashes iPhone price to € 99 from 399

T-Mobile has slashed its price in Germany for the most basic version of Apple Inc's iPhone to € 99 ($155) from € 399 ahead of the expected launch of a new model.

Updated on: Apr 04, 2008 03:23 PM IST
Reuters | By , Frankfurt
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T-Mobile has slashed its price in Germany for the most basic version of Apple Inc's iPhone to € 99 ($155) from € 399 ahead of the expected launch of a new model.

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HT Image

In an offer posted on Friday on its Website (http://tinyurl.com/29pokf), T-Mobile said it would sell the 8-gigabyte version for as little as € 99 together with a two-year contract costing € 89 a month from April 7 through June 30.

The 16-gigabyte version will continue to cost € 499, in conjunction with a minimum € 49 -per-month two-year contract.

Apple is expected to launch later this quarter a third-generation, high-speed version of the iPhone, which propelled it into 10th place in global handset vendor rankings in the fourth quarter of 2007 after its launch at the end of June.

Bank of America analysts expect Apple to produce as many as 8 million of the new iPhones in the third quarter. Apple itself has said it expects to have sold 10 million iPhones in total by the end of 2008.

 
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