With Apple’s rumored negotiation breakdowns with Vodafone over revenue sharing demands, we all kinda figured that Apple had something worked out with AT&T as well. We even suspected the revenue sharing deal prior to the iPhone launch.
And, now Piper Jaffrey analyst Gene Muster states that, “While we do not know the exact details of the agreement, we conservatively estimate that AT&T gives Apple $3 per month (over the life of the 24 month contract) for every iPhone customer already with AT&T and $11 per month for every new subscriber.”
The projected iPhone sales figures of 3.2 million units in 2007, 12.4 million in 2008, and 45.0 million in 2009 are just the start. Revenue sharing only sweetens the pot for Apple – especially once they launch overseas.
[Via: MacDailyNews]