Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Worries the next iPhone's arrival (expected on Sep. 21) will lead to a huge exodus of AT&T...

  • Wednesday, August 29, 2012, 1:35 PM ET
    Worries the next iPhone's arrival (expected on Sep. 21) will lead to a huge exodus of AT&T (T) iPhone subs are misplaced, says Wells Fargo. 88% of AT&T's postpaid subs are using a family plan, benefit from corporate discounts, or both, Wells points out - this translates into a "sticky" customer base. The firm also notes fears of major subscriber losses following Verizon's 2011 iPhone launch proved misguided. A recent Piper survey indicated Verizon has an edge over AT&T among those thinking of buying the next iPhone.
Other date
DJIA (DIA) S&P 500 (SPY)