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The iPhone's new business model
Posted: 10-Jun-2008 [Source: CNNMoney.com]

[AT&T may be paying Apple up to $466 per iPhone and selling it for $199 plus a two-year contract and increase the monthly unlimited data fee to $40. That puts AT&T ahead by $240 over the life of a two-year contract.]

CNNMoney.com -- "Now, the carriers are subsidizing the cost of the phone, making up for it in monthly charges, and they are no longer funneling a share of that monthly revenue to Apple. As Piper Jaffray's Gene Munster puts it: "Apple is basically playing by the rules that all other cell phone hardware manufacturers play by.""

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