31 maj: Nike To Divest Cole Haan, Umbro Brands
31 maj: Spain Delays Release Of Regional Budget Data
31-05-2012 15:24:00

UPDATE: Leap Wireless To Sell Prepaid iPhone Next Month

Relateret indhold
Relateret debat
00:43 - 
Apple er en sikker vinder i 2015 og sansynligvis også f..
31 jan - 
Ingen af dem kommer til at opnå vild vækst er min vurde..
31 jan - 
lav risiko - har generelt en del af defensive aktier - ..

By Thomas Gryta and Mia Lamar

Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- Leap Wireless International Inc. (LEAP) will start selling Apple Inc.'s (AAPL) iPhone next month, making it the first prepaid carrier to offer the popular device in the U.S.

Leap shares jumped 2.4% to $5.91 in premarket trade following the disclosure. The stock was down 66% in the past year as of Wednesday's close.

The addition of the iPhone increases the reach of the popular device for Apple and brings a marquee product to Leap's Cricket service, which has been seeing customer growth slow.

The San Diego company will offer the iPhone 4S and iPhone 4 with its $55 per month wireless plan beginning on June 22. It will sell the 16-gigabyte iPhone 4S for $499.99 and the older 8-gigabyte iPhone 4 for $399.99.

Those prices are higher than offered by other larger carriers that require customers to sign a two-year contract in exchange for the subsidy that covers a portion of the phone's cost. AT&T Inc. (T) offers a comparable iPhone 4 for $99.99 and Verizon Wireless sells a similar iPhone 4S for $199.99, according to the carrier's websites.

JPMorgan analyst Philip Cusick estimates that Leap will subsidize each iPhone by about $100 to $125, which is above its typical $50 to $100 smartphone subsidy.

Cusick said the impact of carrying the iPhone is unknown, partly because such expensive phones are "nearly irrelevant" to prepaid customers who aren't likely to shell out so much cash at one time.

"However, we do believe that the iPhone could benefit Cricket in terms of driving traffic to the store, with most customers choosing a more reasonably priced device instead. Given the launch is in the slow summer months, it could be a nice traffic driver in 3Q," Cusick said.

The iPhones will come with a $55-per month unlimited talk, text and data plan, but full-speed data will only be available up to a threshold of 2.3 gigabytes a month, after which the data speed will be slowed.

Verizon Wireless is a venture between Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD). The company was the first to break AT&T's iPhone exclusivity last year, followed by Sprint Nextel Corp. (S) in October.

-By Thomas Gryta, Dow Jones Newswires; 212-416-2169; thomas.gryta@dowjones.com

-Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

(END) Dow Jones Newswires

May 31, 2012 09:24 ET (13:24 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
28 jan
AAPL
over 8% op i premarket pt. Sikke en dejlig dag det er i dag -NGG
1
28 jan
AAPL
Den kinesiske julemåned lol   Ingen jul i Kina - men om et par uger starter det kinesiske nytår - Sp..
1

Fondsbørsmeddelelser

Danske Bank udnævner Gilbert Kohnke til kreditchef - NY

30-01-2015 15:50:19
Danske Bank har udnævnt Gilbert Kohnke til Chief Risk Officer (CRO). Han får ansvar for Group Risk Management og indtræder i bankens direktion med virkning fra ..

Mærsk: Japansk treenighed tegner et blandet rate-billede

30-01-2015 12:02:51
De tre japanske rederier MOL, NYK og K-Line har offentliggjort 3. kvartalsregnskaber for deres forskudte regnskabsår 2014/15. De tre rederier er alle repræsente..

Aktier/åbning: Aktierne er i plus i C20 - kun TDC står til fald

30-01-2015 09:30:05
Det danske aktiemarked fejrer weekendens komme med stigninger næsten over hele linjen. Kun TDC ligger i rødt i bunden af C20 Cap-indekset med et fald på 0,14 pc..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

Apple Inc 117,16 -1,5% Fald i aktiekurs
Vodafone Group PLC ORD U.. 235,94 -0,7% Fald i aktiekurs
AT&T Inc 32,92 -0,1% Fald i aktiekurs
Verizon Communications I.. 45,71 -0,9% Fald i aktiekurs
Armadale Capital PLC ORD.. 0,05 5,3% Stigning i aktiekurs
Vodafone Group PLC- Amer.. 35,13 -2,3% Fald i aktiekurs
Verizon Communications C.. 46,08 1,2% Stigning i aktiekurs
Verizon Comm 34,91 1,6% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen
Køb

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
1. februar 2015 15:45:06
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150130.2 - EUROWEB6 - 2015-02-01 15:45:06 - 2015-02-01 15:45:06 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x