The 8GB iPhone on the O2 website (http://shop.o2.co.uk/iPhone) has been reduced by 100 to 169 until June 1. This further reinforces speculation a new iPhone (3G maybe) is soon to be released. For those who know the currencies, that means that an 8GB iPhone in the UK is only $331.50. That is a full $67.50 cheaper than the $399 version in US.
The Apple UK site however still is selling it at the original 269 which I'm sure can't last.
Many people are now purchasing the iPhone at the reduced price, simply to unlock it for another network.
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Verizon turned down the iPhone 2 years ago - Mad4 Mobile Phones::
iPhone to be sold at a discounted rate in stores such as Wal-Mart or Best Buy, iPhone will be on O2 in the UK. Motorola will be hit hardest by iPhone
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iphones in UK now selling at discounted rates