Wednesday, April 16, 2008

On Sale: The iPhone (well, in Europe, at least)

Written by Irina Haltsonen for GigaOm

Well the iPhone may be hard to come by in the U.S. these days, but they’re practically giving them away overseas. As Piper Jaffray analyst Gene Munster notes today, two more mobile phone retailers — Britain’s 02 and Carphone Warehouse — have cut the price of the 8 GB iPhone by 37 percent. This follows another, even more drastic price reduction earlier this month, of 75 percent, by T-Mobile in Germany.

Munster thinks the cuts indicate that the demand for iPhones in Europe is light. However, he also believes iPhone carriers are clearing the way for the new 3G model, expected to be launched in June.

Meanwhile, RIM’s BlackBerry keeps adding addicts overseas: Roughly 33 percent of its subscriber base is now outside of North America, according to Scotia Capital’s Gus Papageorgiou — with most of it in Europe.

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