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Deutsche Telekom’s T-Mobile will have exclusive rights to distribute the Apple iPhone in Germany. The Germans will not be happy with the price tag of owning an iPhone: 399 Euros or about $554. I suppose the rumored T-Mobile ad was slightly off by 100 Euros. It remains to be seen whether Germany will line up for the €399 or wait for the price cut. Being Western Europeans who are used to paying premium for goods and services, we suspect they will line up.