Deutsche Telekom offers iPhone for 99 Euros

Deutsche Telekom has slashed the price of the iPhone from 399 Euros to 99 Euros. The catch: you have to enter into a contract for an extra 89 Euros per month (ouch). The offer is valid between April 7 and June 30, 2008. 

There are rumors that Apple will be selling a 3G iPhone soon so this could be Deutsche Telekom’s  way to get rid of old stock. The rumors are based upon reports that the iPhone is out of stock in many Apple stores in the US.