Apple stocks are suffering today with the announcement that “only” 146,000 iPhones were activated in the first two days of sales which happened to be the last two days of Apple’s 2nd quarter. While 146,000 sounds like a reasonable number to me, given the cost and the baggage that comes along with the purchase (e.g., 2 year agreement), analysts had projected the number of activations to be as high as 500,000 phones. Big difference there, wouldn’t you say?
Stocks aside, I had been wondering what kind of money Apple would be receiving as part of Apple and AT&T’s revenue sharing agreement. Of course neither party is going to disclose that kind of information, however analysts have put their two cents in and have come up with an educated estimate: If analyst Gene Munster is correct, AT&T is paying Apple $3 per month for any AT&T customer who had been with AT&T prior to the iPhone and up to $11 per month for any new subscriber.
While that may not sounds like THAT much, just think about how those numbers multiply by the number of phones sold and the 24 months that each customer is guaranteed to spend with AT&T. Not too bad, right?
Sources: SeekingAlpha and MarketWatch
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Tags: General
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Here’s the reason why they’re not activating their iPhones:
http://www.hackmyiphone.com/
> The big holy grail would be to bypass
> activation, effectively unlocking the
> phone for us on other networks besides
> AT&T’s… let’s hope that doesn’t take too long!
I probably wouldn’t have bought an iPhone right away anyway, but I will not sign up with AT&T. Getting access on Sprint or Verizon and I may consider purchasing one.
You’ll have to wait at least five years for that to happen
I still can’t believe AT&T got a 5 year exclusivity agreement!
I’m with you on that one. The biggest complaint that I’m constantly hearing is how slow pages load, and I think that in the end Apple will have hurt themselves more than they helped themselves by going exclusively with AT&T. I don’t know what they were thinking to go with the wireless service with the slowest data network, but I guess the others probably didn’t pony up enough dough for the exclusive contract.
It will definitely be interesting to watch the people hacking the iPhone and see how easy it is to get it on other networks.