iPhone to Buzz in Europe
2008-04-06 09:48:44 -
Buzz Technologies Inc (OTC:BZTG) are set to launch their iPhone (NASDAQ:AAPL) European Portals ( German, Spanish, French, Italian) in the coming week in a lead up to the release of the new 3G model. Deutsche Telekom's (NYSE:DT) T-Mobile division will ensure a good market size for Buzz Mobile as the company is lowering the price of an 8 GB iPhone to 99 euros ($122 USD) flooding Europe with the Apple iPhone
The iPhone price cut promotion by T-Mobile in Germany runs from April 7th to June 30th (yep, just a little past the first birthday of the iPhone). Normally the 8 GB model sells for 399 euros, so that's a 75% cut. You have to get an 89 euro a month contract, though. However, you could also buy the 8 GB model for 249 euros, still a 37.5% cut, with a new 29 euro "starter plan."
As far as the rumors over any impending 3G iPhone launch and the sold-out stores, Piper Jaffray analyst Gene Munster said earlier this week (in a research note) that many Apple stores have sold out of the device and suggested there is an 80% chance of a new 3G iPhone model arriving soon, with the same $399 price point, to keep sales up.
For further enquires contact beth@12buzz.com