IPhone To Vodafone?

Arik Hesseldahl

American Technology Research analyst Shaw Wu has some interesting observations on the iPhone business model. He's pegged the subsidy or rebate that AT&T will offer on the device at between $50 and $150, which of course would be intended to encourage consumers to pick one up. He also says AT&T will pay Apple a "bounty" somewhere between $5 to $10 per user per month, on every customer signed up for service at Apple store locations. This would give Apple a recurring revenue stream on each device sold. Additionally, he says that Vodafone will be the European wireless provider that will be named to carry the iPhone in Europe. Finally, he boosted his price target on Apple stock to a dizzying $145 per share.

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