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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?"

2 of 438 comments (clear)

  1. Re:Perspective by Desler · · Score: -1, Troll

    Just like how the fandroids always shift the blame for any Android woes to everyone but Google? Waaah! Waaah!

  2. Re:Money sucking leech?? by bonch · · Score: -1, Troll

    In the last four years, Slashdot has become a troll-heavy advocacy site. If you praise Apple even a little bit in the comments, you get modbombed and accused of shilling. It's like Engadget's muddy runoff seeps through here like a rainy ditch, hating everything mainstream and popular. It's really sad, because this site used to be a lot more fun.