Is the iPhone destined to be a US only phenom?

There is an interesting (and short) piece posted on the GigaOm site speculating on low iPhone demand in Europe. This follows several conversations I’ve had over the past two weeks with people wondering the same thing–will iPhone find success outside of the US? As one of the commenters on the piece notes the price drops themselves probably represent as much of a currency rebalancing and channel clearing move as anything. The adjusted prices of the full plan + device aren’t much different than

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