The iPhone Is a Nightmare For Carriers
New submitter HungryMonkey writes "According to the latest EBITDA numbers from AT&T, Sprint, and Verizon, the subsidies they have to pay Apple in order to carry the iPhone are drastically reducing their profits. From the Article: '"A logical conclusion is that the iPhone is not good for wireless carriers," says Mike McCormack, an analyst at Nomura Securities. "When we look at the direct and indirect economics that Apple has managed to extract from the carriers, the carrier-level value destruction is quite evident."' So one money sucking leech has attached itself to another money sucking leech?"
I use US Cellular because they have excellent service in my area and very competitive cost. They don't offer iPhones but who cares; I have a great Android phone that does everything an iPhone can do and more. AT&T should just follow other successful caries that don't need iPhone and still do very well.
-- By all means let's be open-minded, but not so open-minded that our brains drop out.
The iPhone 4S was such a huge hit that it passed Android's marketshare at the end of 2011 (it wouldn't surprise me if people didn't know, since Slashdot refused to report it). But, see, we're not supposed to focus on the facts. We're supposed to rant about these "money sucking leeches" like the submitter wanted.