A 75 percent price cut in a product would usually create a doubt as to perhaps the product is defective or the company may be shutting down. However, in this case, neither of the options seems to be the reason for the heavy price slash. Now, let me come to the point and leave behind the indirect talks.Deutsche Telekom’s T-Mobile, Apple’s exclusive carrier partner in Germany, has planned to drop the price of the 8GB iPhone from 399 EUR to 99 EUR. Oh Man! That’s a remarkably heavy price cut. But, this is just a part of promotion that would run from 7th April to 30th April to win new consumers. Here’s a twist in the tale, if they are willing to purchase an 8GB version of iPhone, they need to sign up for a two year contract that offers an 89 euros monthly plan.For more details subscribe in the email.