Latest iHunch was an iFlop

Fresh off a round of fairly-accurate iHunches, my latest iHunch flopped almost worse than the Microsoft Zune:

• A new iPhone, to be dubbed the "iPhone 3G." It will be virtually identical to the current iPhone, but run on a 3G cellular network instead of the slower EDGE network that the current iPhone model runs on. 3G is much more prevalent in Europe than in the U.S. The same iPhone being offered in the U.S.
• Price: $599 $542, with 8 GB memory.
• Available immediately throughout much of Europe, and in early-October in the U.S. Available Nov. 9 in the UK.
• Apple stock will go up 10% 1.8% on Tuesday due to the European availability of the iPhone being much wider than anticipated. the federal reserve dropping interest rates.