The Hidden Financial Impact of Apple's iPhone [View article]
Two brief comments:
Impact on EPS would be very useful addition to your tables;
Moving from revenue share to subsidization means a more rapid build-up of cash. Of course their will be a lag between booking sales and payment, but likely less than 45 days. Using Munster's estimates we could see an additional $8 to $9 billion of free cash just from the iPhone in Calendar 2009.
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Two brief comments:
Jun 22 17:02 pm
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All Comments by victor »The Hidden Financial Impact of Apple's iPhone [View article]
Impact on EPS would be very useful addition to your tables;
Moving from revenue share to subsidization means a more rapid build-up of cash. Of course their will be a lag between booking sales and payment, but likely less than 45 days. Using Munster's estimates we could see an additional $8 to $9 billion of free cash just from the iPhone in Calendar 2009.