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Old 06-15-2007, 12:07 AM
xeno277 xeno277 is offline
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Default Will IPhone boost AT&T stock? Cingular is the wireless carrier for IPhone.?

Any thoughts?


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Old 06-15-2007, 12:07 AM
Still reading Still reading is offline
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It takes a lot to boost a stock like AT&T. Their revenue stream is so huge that a single new product is unlikely to make that much difference. Certainly they are expecting a nice revenue stream from buyers of the IPhone, but the price point is very high and the need not yet demonstrated for this new gadget. It always takes time to see which gadget introduction becomes a blockbuster and which are just so-so. At this price point, businesses will be the most likely customers, and it's hard for me to see how this gadget is more compelling than others already established in the marketplace. Cingular already has a huge cellular market share, and it is hard to see how many new customers will come to Cingular because they buy the IPhone.
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Old 06-15-2007, 12:08 AM
ace_of_spayeds ace_of_spayeds is offline
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No it won't. IPhone will not affect AT&T stock unless AT&T customers drop their service and switch to IPhone.
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Old 06-15-2007, 12:08 AM
Barry auh2o Barry auh2o is offline
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If it boosts corporate earnings, it might.
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Old 06-15-2007, 12:08 AM
KiNG⋆LATiNO KiNG⋆LATiNO is offline
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No because AT&T doesnt make any money off of iphone sales. Apple does. Will it convince people to switch to AT&T .. probably not.
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