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 | Piper: German iPhone cut clearing inventory ahead of 3G launch |
By Slash Lane Investment bank Piper Jaffray said Friday it has confirmed a T-Mobile Germany price cut on the 8GB iPhone from €399 to €99, adding that it's a sign Apple is looking to drain existing inventories ahead of 3G iPhone launch no later than...
Inventory for the iPhone is prompting 3G speculations as stock for the device is running low at Apple retail stores, suggesting that the company may be unveiling its newer model soon. It was estimated that Apple may officially release its 3G model of its iPhone in May, however, several analysts have called dozens of Apple Stores to confirm the shortages. This could mean that the next model could be available sooner. Or, this could just be pure speculation, but when does an Apple store have low stock on one of the most selling items for the company at the beginning of Spring? By: John Lester Apr 3, 2008, 9:20 AM EDTIn past experiences, Apple begins to thin inventory before a new product launch. As a result, the growing shortage of iPhone supplies at Apple Stores could mean that the device will be replaced. However, AT&T stores in the US and retail outlets in other countries where the smartphone is available are not short on supply. In addition to that, the FCC hasn't approved a new version of the iPhone. FCC approval is mandatory, and generally occurs up to two months before new phones are available for sale. It is notable, however, that occasionally the FCC approves phones immediately before launch. Apple wants to meet an initial order of 11 million cell phones to be built this year. This means they want to sell as many as they can.... Click here to read the content (Source NewsOXY)
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