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Apple Makes $831 On Each AT&T iPhone

Ponca City, We Love You writes "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 latter article links to a US Treasury page explaining the incorrectness of the widely-held belief that cash cannot be refused for any transaction.

5 of 547 comments (clear)

  1. Re:They make money. So what. by ShieldW0lf · · Score: -1, Flamebait

    Don't use your iPhone where I can see you. I will knock you to the ground, take it from you and smash it to bits. Better yet, don't buy one.

    --
    -1 Uncomfortable Truth
  2. Well that sure explains it by SmallFurryCreature · · Score: -1, Flamebait

    So, it is a shitload of cash. Guess that shows those people who claimed Steve Jobs was anti-drm because of what he said about music.

    DRM is bad, if it is COSTING him money. DRM is GOOD when it MAKES him money. Because that is what this is, DRM, digital rights restrictions. You buy the product, they tell you how to use it.

    Oh well, no worry, I am sure some Apple fanboy will explain it all away.

    --

    MMO Quests are like orgasms:

    You may solo them, I prefer them in a group.

  3. Re:Cash will not be accepted? by Anonymous Coward · · Score: -1, Flamebait

    You're a fucking idiot. If you can't be bothered to RTFA, RTF summary. (if you CAN read)

  4. Re:They make money. So what. by ShieldW0lf · · Score: -1, Flamebait

    Oddly enough, buying something you don't like isn't a good reason to attack someone.

    Quite the contrary. When corporations own governments, and democracies are shams, your economic spending becomes your only vote that has weight and consequence. When you buy something, you vote for that corporation.

    Spending is an act of participatory involvement in which you empower that corporation, regardless of whether you want to think of it that way or not. This is the foundation of soft enforcement in "international law", and the basis of economic sanctions.

    Thus, you can attack corporations by attacking their customers, which is the foundation of such efforts as throwing paint on the coats of people who buy fur coats.

    If you don't like my politics, you can fuck off.

    --
    -1 Uncomfortable Truth
  5. Re:They make money. So what. by Anonymous Coward · · Score: -1, Flamebait

    I'm not American. I want sanctions against the US, and I want them forcibly disarmed. I think they're a rogue state. I think the US are evil imperial bastards, and I was in the living room cheering and eating popcorn when they were attacked. Americans don't come around my town much since two US Navy guys went drinking in our neighbourhood and were executed in the street. Suits me just fine. Whole goddamned culture is nothing but a cancer.