Posts Tagged ‘revenue’

End of revenue sharing for Apple and 3G iPhone

Wednesday, June 11th, 2008

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 purchase of the device by carriers or a commission on sales of the device by Apple. Apple will continue to receive payments from cellular network providers related to first-generation iPhones as long as they remain active on authorized networks.”

The filing does say, however, that the end to revenue sharing is only “under the vast majority of these agreements” so there must be some carriers out there still getting milked by Apple. Rumour has it AT&T is no longer one of them - so who’s the unlucky operator still handing over bundles of cash?

Branson loses $250 as Virgin Mobile USA stumbles

Friday, March 14th, 2008

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 has fallen by over half in recent trading prompted by worse-than-expected forecase from the MVNO which analysts are putting down to a tough economic climate and fierce competition from rivals in the pre-paid market.

However, it’s not all bad news. The company increased its customer base to 5.1 million, net service revenues were up 20 percent and it cut its quarterly losses. It remains to be seen if this is a blip or the first sign of a mobile industry slowdown. Watch this space…


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