Wall Street always sells early on earth-shattering news. Buys come later once everyone digests it.
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Sprint Commits to Buying $20 Billion Worth of iPhones, To Get Redesigned iPhone 5 Exclusively?
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Wall Street always sells early on earth-shattering news. Buys come later once everyone digests it.
Cingular hasn't existed since like 2003 . and no the first guy was more correct on why ATT went first, but what u said is true too
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Sprint would be the 2011 version of the 2007 AT&T.
Imagine if last year Apple came out and said the iPhone 4 was Verizon exclusive.
Imagine if last year Apple came out and said the iPhone 4 was Verizon exclusive.
The $20B contract doesn't need to mention any exclusivity. There's no one else but Sprint who can or wants to sell a wimax capable iPhone. The product becomes exclusive by default.
There is no other option for Apple, since the world+LTE chips aren't ready for volume production yet.
Never , seriously, show me one true BGR exclusive from their "apple connects". I believe they just fabricate most of their stories completely.
Apple actually signed an exclusivity agreement with Cingular. Soon after MacWorld 2007, Cingular announced that, due to SBC's acquisition of AT&T, they would also be rebranding as AT&T. As a result, the iPhone launched on AT&T.
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Why would apple traders care about this? either way true or not apple is getting a good deal no matter what
It's a gamble because they will be re-tooling factories (and their own intellect) to build an iPhone that runs on only 1 network in the world (a very big investment), a network that is used by a company that is a couple missteps away from bankruptcy. Apple stands to lose a handful of its cash if Sprint goes down in about 6-12 months.
Cingular became AT&T in 2007 JUST before the iPhone came out.
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There WILL be a redesigned iPhone 5 tomorrow. Period.
GorgonPhone said:
There WILL be a redesigned iPhone 5 tomorrow. Period.
They can't afford to. Why should apple make changes to accommodate their one-off network if they can't guarantee the sales?
So um have we decided if there will be an iphone 5 shown tomorrow ?? this new silly sprint BS discussion is a BS distraction..
If true, it doesn't mean that Hesse's bet is not good. It just means that investors are worried IF it's good. Stocks drop when the perceived risk increases, and when you bet the farm, perceived risk always goes up. But increased risk usually also means increased benefits if successful. As far as I'm concerned, betting the farm on Apple is the safest way to bet the farm.
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There WILL be a redesigned iPhone 5 tomorrow. Period.
thanks... i just hope it has a bigger screen..
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Yes my friend. There will be an iPhone 5 tomorrow.
GorgonPhone said:
Yes my friend. There will be an iPhone 5 tomorrow.
I think it almost would have to be a non-traditional buyer. No carrier out there wants to support Sprint's legacy and incompatible networks. The only thing Sprint has of value is their spectrum and subscribers. The value of these currently doesn't equal the losses Sprint is generating I don't see Apple as a buyer, as Sprint doesn't offer enough to offset relationship issues with the other large carriers who currently buy their product.
Regarding Sprint's competitive pricing, there is no way it can continue to charge low rates for unlimited plans with the debt structure and losses this deal will incur. They are already operating at a loss. This deal increases those losses at least until 2014. At some point they have to cover their debt, invest in LTE, etc. Can't do that without an increase in cash flow. Not going to steal millions of subscribers from AT&T or Verizon in the short term (may steal a few who were already looking over the fence, but not tens of millions of subscribers). So what is there ONLY remaining option. Raise revenue by raising rates.
I would call it a marketing blunder to give the long-anticipated 5 to a new to the party carrier that spent three years doing all it could to slam the iPhone in its advertising and at the same time pissing all over the installed base. I am looking to upgrade as are a lot of 3Gs users and would be pretty angry if the new phone was available only through Sprint. I think Verizon and ATT might also have something to say about that decision. It would rear-end the team that has been on side since day one and for the last year by encouraging users to change companies to get the new hardware. I just don't see Apple sticking its foot into that kind of a trap. It would make more sense to offer all products through all carriers at the same time, allowing Sprint to make a big deal out of its network's attributes (mainly, no users so lots of bandwidth).
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It just occurred to me that we are all missing the possibility that Sprint may have leaked this rumor in order to build Sprint-specific buzz going into the media event tomorrow.
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It just occurred to me that we are all missing the possibility that Sprint may have leaked this rumor in order to build Sprint-specific buzz going into the media event tomorrow.
Re-tooling factories? Where are you getting this from? It's just a matter of replacing a chip. They did it before for Verizon without "re-tooling factories". Apple doesn't stand to lose anything if Sprint goes down. Unless you really believe that AT&T and Verizon are going to pout and refuse to sell the iPhone because they didn't get to sell it at the same time as Sprint.
why hasn't anyone tried getting in touch with Sprint or Apple about this yet? And what is the WSJ's source for this information?
- Joe
- Joe
Sprint: We'll pay you up front, for all of the phones. Let us worry about how to sell them.
Apple: No, they are OUR phones and OUR technology. Only companies like "Google" let's manufacturers and carriers take control of their Android phones. We don't go down that road....quality from the top down is our motto. Way too much fragmentation if WE don't get to control EVERYTHING...INCLUDING HOW TO SELL THEM LIKE PAYING OUR OWN MARKETING AGENCIES TO MAKE COMMERCIALS FOR OUR DEVICES.