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Wouldn't it be nice if the iPhone, say, had 16 GB of memory - twice as much as it does now - and support for super fast HSPDA/UTMS 3G (up to 3.6Mbps) data networking rather than AT&T's anemic 40kbps to 80kbps 2.5G EDGE network. Well, that is exactly what T-Mobile customers in Germany will get later this fall, if a supposed leaked advertisement is to be believed.

According to the ad, which is making the rounds through the Internet rumor mill (and can be seen here), T-Mobile will ship the more feature-rich iPhone on November 12th for €499 (about $700).

The question is: Is this ad for real? Unfortunately, it is hard to tell right now, as there's been no confirmation from T-Mobile or Apple.

Here's what we know, however:

With last week's introduction of the iPod Touch, essentially an iPhone without a phone, Apple has shown it could easily fit 16GB of flash storage in an iPhone chassis. And while including EDGE rather than 3G in the U.S. iPhone model (even though AT&T has a UTMS/HSPDA network) was disappointing, it is a sure bet 2.5G would not go down well at all in Europe, where the 3G technology is far more prevalent.

But then again, the ad does call the iPhone an iPod—a mistake that's way to obvious to let slide.

Let's say for the sake of argument the T-Mobile ad is accurate. Then it just might be a prelude to Apple releasing a 16GB iPhone with 3G in the U.S. as well Europe, maybe even in time for the holiday season.

That would certainly help explain last week's unprecedented (and surprising to nearly everyone) 33 percent cut of the 8GB iPhone's price to $399 from $599.

Stock Down Then Up
The price cut sent investors fleeing, dropping Apple's stock value by more than 8 percent in subsequent days. According to Bloomberg, Apple shares have risen by 2 percent already today, however, with expectations being that it'll continue to go up.

Today’s rise is in part due to the market having the weekend to calm down and start to understand how many more iPhones Apple may ship in the coming months because of the reduced price point. Those who didn't come around the first round may very well do so now.

The other reason for the stock boost is Apple's announcement today that it sold its millionth iPhone yesterday, three weeks faster than it expected, but slower than most analysts anticipated. That is quite a milestone for a 74-day old cell phone, let alone such a high-end and expensive smartphone from a company that is new to the mobile phone business.

It would seem Apple is well on its way to meeting its stated goal of capturing 1 percent of the global mobile phone market in 2008 by selling 10 million iPhones.

Unfortunately for Apple, the huge iPhone price cut angered many early iPhone adopters, who shelled out $599 with the expectation that the cost of buying an iPhone would drop, but far more slowly and not so dramatically.

As a result of this anger, Apple made another unprecedented move: It posted a message from CEO Steve Jobs on its Web site that said these early adopters would soon get a $100 credit to use at any Apple Store or its online store.

Although this gesture mollified many a disgruntled early iPhone adopters, others weren't so easily satiated. Why? Because they resent having to spend the money with Apple, a company they've lost some faith in.