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AT&T (T -2.5%) remains negative after reporting it sold 10M+ smartphones in Q4. One concern:...

AT&T (T -2.5%) remains negative after reporting it sold 10M+ smartphones in Q4. One concern: smartphone subsidies will depress AT&T's Q4 margin, and since much of Ma Bell's base already owns a smartphone, the service revenue benefit might not be huge. Apple (AAPL +0.1%) has given up its early gains. With research firms having reported the iPhone is doing very well in the U.S relative to Europe/China, sales concerns mostly revolve around international markets. Meanwhile, Tim Cook is paying another visit to China - is he there to nail down an elusive China Mobile deal?
Comments (9)
  • rocback
    , contributor
    Comments (990) | Send Message
     
    The CEO of Verizon was just on CNBC and he said he is selling as many i phones as all the Andriods put together. He said it was now "50/50".
    8 Jan 2013, 12:31 PM Reply Like
  • techy46
    , contributor
    Comments (6017) | Send Message
     
    That's great but AT&T and Verizon aren't in China.
    8 Jan 2013, 03:32 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    He forgot to mention that he gave away Android phones and charged $700 per iPhone.
    8 Jan 2013, 12:46 PM Reply Like
  • apple_investor
    , contributor
    Comments (193) | Send Message
     
    I thought he was bending over backwards to be diplomatic. I hear from other sources that iPhones are currently accounting for nearly 55% of Verizon's smart phone sales this past quarter, and the balance is split between RIMM, Android, and MS. Samsung is under 30% of the total.
    8 Jan 2013, 12:50 PM Reply Like
  • rperson
    , contributor
    Comments (367) | Send Message
     
    Come on, there 's got to be some grouchy bear out there who can turn the report of these numbers into a negative. Where's Mr Richbar?
    8 Jan 2013, 01:20 PM Reply Like
  • Michael O'Neill
    , contributor
    Comments (226) | Send Message
     
    Very interesting all this debate about iPhone sales......

     

    The US seems to be doing very well. The iPhone has a 2-year replacement cycle so with the US base already things look very bright indeed for Apple in terms of future sales.

     

    It has been shown that once you buy an iPhone you just do not switch. Period. Therefore it is safe to assume the second and third purchase of an iPhone will likely be from Apple stores with higher margins for Apple.

     

    Apple rolled out the iPhone 5 into 100 countries during Oct/Nov, and over 50 of those countries were new iPhone countries.

     

    Regarding China Mobile, remember they are still selling the iPhone 3GS/4 and 4s, plus iPad. These phones have a higher margin so this is good for Apple. When the iPhone 5 deal is done and it will be done as CNM is acutely aware that the 2nd and 3rd largest carriers in China are already selling the iPhone 5 in droves, along with Apple Stores. They want this flagship product desperately. Both side are right to hold out for the best deal. Apple are in the driving seat here though as everyone in China loves and wants the iPhone, and CNM do not want to lose it's best customers to its rivals.

     

    Can you imagine in 6 months when Apple released the iPhone 6, with a low-costs model, 3 different screen sizes and new colours. It will be a game changer and cripple the other players, especially Samsung. Everyone wants the iPhone. Price is the only barrier. Apple has not been willing to compromise it's margins, the same as the early iPods. As soon as the low-cost iPhone model is released (just as the iPad) the Smartphone market will belong to Apple.
    8 Jan 2013, 01:31 PM Reply Like
  • rrosey2
    , contributor
    Comments (693) | Send Message
     
    "Come on, there 's got to be some grouchy bear out there who can turn the report of these numbers into a negative."

     

    It's not the grouchy, it's the manipulators; the ones who never get caught. Look at the recent Rochdale Apple stock fiasco. A billion dollars worth of stock ordered by a firm worth $3.5 Million (which had to be reversed)!
    After that, a SHORT SALE by an "unnamed" firm where the order was backed up with Zero (just an accepted order from nowhere), and the secret unnamed firm made a profit for itself.
    NOW THERE IS A NEWS BLACKOUT !
    This caused, for me, a stop-loss sale, costing me 6 figures.
    The perpetrators will get a slap on the wrist, and this will go on...
    8 Jan 2013, 04:31 PM Reply Like
  • spinrbait
    , contributor
    Comments (349) | Send Message
     
    wow rrosey2, i feel for you. i really do. i was talking with my wife just today, and told her i used to use stop orders. but after the flash crash, i quit using them. its just too dangerous
    8 Jan 2013, 08:10 PM Reply Like
  • rperson
    , contributor
    Comments (367) | Send Message
     
    Totally agree with you brother. My lame attempt at sarcasm.
    8 Jan 2013, 09:49 PM Reply Like
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