AT&T Reaffirms Wireless Margin, $99 iPhone Availability

|
Includes: AAPL, T
by: Eric Savitz

Hot on the heels of Apple’s (NASDAQ:AAPL) announcement of a new iPhone, its wireless partner, AT&T (NYSE:T), re-affirmed its outlook for Ebitda margin as a percentage of sales this year “in the low 40% range.” The company also said that the repriced $99 iPhone 3G will be available at AT&T stores starting 5pm Eastern time tonight, and that pre-orders are being taken for the iPhone 3GS starting today.

AT&T noted that its cost of acquisition for the iPhone 3G S, and for the repriced 3G, will be “very similar to costs associated with the original iPhone 3G.

Original post

About this article:

Expand
Tagged:
Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here