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Monday, May 7
2012, 6:41 PM
Though Tim Cook recently downplayed fears aired by BTIG and others that iPhone (AAPL) subsidies...
Though Tim Cook recently downplayed fears aired by BTIG and others that iPhone (AAPL) subsidies will decline, carriers are taking steps to limit the margin hit smartphone subsidies exact. While U.S. carriers are making indirect moves such as hiking data plan rates and establishing upgrade fees, Telefonica (TEF) and Vodafone (VOD) have discontinued subsidies for new customers in recession-hit Spain. Carriers around the world are paying close attention. (also)