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News

End of revenue sharing for Apple and 3G iPhone

If its latest filing with the Securities and Exchange Commission is anything to go by, it looks like Apple’s days of carrier revenue sharing are over thanks to the launch of the new 3G iPhone. The filing says: “Apple will not receive follow-on revenue generating payments from carriers for the new iPhone 3G beyond the […]

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Operators

Branson loses $250 as Virgin Mobile USA stumbles

If Virgin boss Richard Branson weren’t so rich, he might a bit disheartened right now. According to The Times, the drop in Virgin Mobile USA’s share price have caused Branson a personal loss of over $250 million, with the stock falling by 85 percent since the company floated on the stock exchange. The share price […]