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Tuesday, December 1st, 2009

AT&T paying Apple $3 a month for every iPhone customer?

July 19, 2007 by admin  
Filed under Electronics

The details of AT&T;’s iPhone revenue sharing pact with Apple are secret, but one thing is certain: It’s bound to be lucrative for Steve Jobs & Co. Piper Jaffray analyst Gene Munster issued a research note Thursday that puts some estimates on the AT&T-Apple; revenue sharing deal. According to Munster AT&T; is paying $3 a month per every iPhone customer already with AT&T; and $11 per month for every new subscriber. If you add that up over the 24 month contract it adds up for Apple, which is also making money on the actual iPhone sale. For calendar 2007 this deal adds 2 cents a share to Apple earnings. In 2008, the revenue sharing pact adds 15 cents a share….

Sourced from: “ZDNet Blogs”

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