Apple Makes $831 On Each AT&T iPhone.

[Scott]

"The NYTimes reports that Gene Munster, an analyst at Piper Jaffray, has studied Apple's financial statements and come to the conclusion that AT&T is paying Apple $18 a month, on average, for each iPhone sold by Apple and activated on AT&T's network ? up to $432 over a two-year contract. This shows how much incentive Apple has to maintain its exclusive deal with AT&T rather than to sell unlocked phones or cut deals with multiple carriers. Last week Apple disclosed that 250,000 iPhones had been purchased but not registered with ATT that Apple thinks are being unlocked so Apple has now taken action to curb unauthorized resellers by limiting sales of the iPhone to two per customer and requiring that purchases must now be made with a credit or debit card ? cash will not be accepted."

The math, simplified:

$399 phone
$432 from 24 months @ $18/month
----
$831

That's just Unbelivable.

[LiNuX]

wow lol - my next objective is to design and create a phone everyone will buy and make double that of apple lol

[GF Eric]

Well all you have to do is make it affordable. Then you probably can do it.

[Riku-Nara]

what the shiggity?
wow, i am soooo glad i didn't buy an iphone.