Wednesday, April 22, 2009

AT&T trying to extend iPhone contract

AT&T's contract with iPhone will end next year. Right now iPhone is leading the market on smart phones. This is really good for AT&T and they need to keep their exclusive right to sell the iPhone. Three quarters of new AT&T subscribers during last quarter were iPhone customers. My bet is, most of those people would not have been customers if it weren't for the iPhone. So AT&T needs to extend that contract no matter what it takes. If iPhone knows that they will probably ask for a lot more money. My guess is they will work something out and you will see iPhone sticking with AT&T for at least a couple more years. I think it's good for both of them.

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