Friday, April 25,2008 @ 9:20am
Citi: 3G iPhone to be announced June 9th
Apple's long-anticipated 3G iPhone will be announced on June 9th, analysts at Citi have declared. Richard Gardner and Yeechang Lee say they believe Apple CEO Steve Jobs will reveal the product as a part of his keynote for WWDC, scheduled for June 9th to the 13th at the Moscone Center in San Francisco. A number of analysts have suggested that the new iPhone will be released in June or July, particularly as shortages of the 2.5G model are said to be evidence of deliberate inventory draining. This view has been bolstered European price cuts on the 8GB capacity, which have been timed to end in June.
Apple has had a hard time selling the iPhone in Europe, and the cuts may signal an attempt to spark interest as much as scale back stock. Until this month the iPhone was proportionately more expensive in Europe than any American version, despite not having 3G, a technology many Europeans have been accustomed to for years.