On European stocks, price cuts, and a 3G iPhone

It's been an interesting few days for iPhone speculators, with rumours of a 3G iPhone fuelled in part by a reported lack of inventory in both North America and Europe.

Last week, reports emerged that suggested that French and British stores had sold out of their current iPhone stock. This, together with a collection of murmuring about Far Eastern component production, led to speculation that a 3G iPhone could appear any time between now and June.

In addition, T-Mobile Germany has cut the price of the iPhone to just 99 Euros, provided that customers then sign up for the most expensive -- €89 per month -- tariff. This could simply be a way of getting more regular money -- 24 months' worth in fact -- or it could point to a way of shifting old stock before a new model comes along.

Also last week, Walter Mossberg, a senior tech reviewer at the Wall Street Journal, predicted that a 3G iPhone would be launched within two months. That would coincide nicely with the WWDC and official launch of iPhone 2.0 software, and third party applications via the iTunes Store.

I think most analysts and fans alike are expecting a 3G iPhone at some point this year. Of course, we still don't know when, and are unlikely to find out until such a time as Steve announces it.

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