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This moron doesn't even know that Apple sells the iPhone for OVER $550!
Oct 27 19:48 pm
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All Comments by TanToday »Apple Could Crush Competitors With a $99 iPhone [View article]
Yes, the carriers pay Apple that price, then THEY mark it down to $200 and hope to recover the difference via the subscription fees over the life of the contract, and customer retention, and customer aquistion from rivals.
So, IF THE CARRIERS WANTED TO, they could "make the iPhone $99" tomorrow morning.
Why do these morons write financial articles when they don't have a CLUE about the underlying assumptions they seem to think are so brilliant?
Sam, get a real job where you MIGHT have some expertise, I hear McDonalds is looking for burger flippers right now.....