Rogers along with Nokia today announced a price cut on the N95 8GB to $199 with a three-year contract from its normal $400 on the same terms. The drop takes effect immediately and is already believed to be prompted by the launch of the iPhone 3G in the country last week, which undercuts the price of the Nokia smartphone for the same amount of storage and media playback. It’s unclear as of press time whether the discount also applies to shorter contracts or contract-free use.

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