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General Why is Note 10.1 already at such a reduced price in the UK?

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http://androidforums.com – I'm not complaining but at the Samsung Galaxy note has just recently been released and the 16GB wifi model was £399 at launch I was surprised that already it is going for as little as £316 and I just heard today that Samsung give £50 cash back on top of that so that means its real price is £266. I'm on the verge of buying one but this price drop makes me wonder if a newer model isn't on the horizon. What do you think? (General)