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Huge iPhone Fees Juice Apple - News & Analysis - Technology - AAPL - RIMM


From: David Farber <dave () farber net>
Date: Tue, 24 Jul 2007 13:07:54 -0400


http://www.thestreet.com/_mktwrm/s/apple-reaps-iphone-bounty/ newsanalysis/techtelecom/10369581.html


A sweet iPhone deal with AT&T (T - Cramer's Take - Stockpickr) is paying off for Apple (AAPL - Cramer's Take - Stockpickr) even faster than Wall Street expected. It's well established that the world's most talked-about phone has lured thousands of free-spending, lust seeking customers since its introduction last month. But the financial terms of the revenue- sharing deal have been kept under wraps.
Until now, that is.
People close to the companies tell TheStreet.com that AT&T is paying Apple a bounty of between $150 and $200 per phone -- plus $9 a month per phone over the life of the typical two-year customer contract.

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