There is some disagreement in some quarters about how well Sprint will fare, financially, as it steps up support for the Apple iPhone. Guggenheim Securities’s Shing Yin thinks Sprint will get rights to sell an Long Term Evolution version of the iPhone, and also expects the deal will not prove burdensome.
Bernstein Research’s Craig Moffett, on the other hand, cut his rating on Sprint to "sell," based on a fear an LTE iPhone could increase prospects for bankruptcy at Sprint.
Yin doesn't think that will prove to be a problem. He argues that Sprint would never have agreed to an expensive “take or pay” contract with Apple to buy millions of devices, unless Sprint knew it would get rights to sell the LTE version, he argues. Sprint Can Handle an LTE iPhone
Tuesday, March 27, 2012
Sprint Will Get, Can Make Money on LTE iPhones, Analyst Says
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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