Follow up: Leap Wireless pays $900 million over three years for the Apple iPhone
0. phoneArena 01 Jun 2012, 14:23 posted on
With the news on Thursday that pre-paid carrier Cricket will be offering the Apple iPhone to its customers, the carrier's parent company revealed on Friday that it agreed to pay $900 million over three years to secure the iconic smartphone...
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1. -box- (Posts: 3826; Member since: 04 Jan 2012)
Sounds like leap got a better deal than sprint. Still, almost a billion dollars for the deal... that is a lot for a old phone that is losing market share...
2. Sprintfan (Posts: 68; Member since: 18 Nov 2011)
Umm Cricket has 5 million customer Sprint has 50 million. DUH?
16. hepresearch (unregistered)
Sprint paid 15 times as much as Cricket did, but has only 10 times the customers. If anything, this proves that Apple knows when it can afford to milk a carrier for their failure to adopt the iPhone when it would have been more expedient, especially when that carrier is already struggling and hemorrhaging cash. Furthermore, it is also possible that overpricing Sprint's subsidy for the sale of the iPhone is an effective cooperative strategy by Apple for bringing Sprint to its knees before the likes of Verizon and AT&T. All three 'mutual benefactors' would stand to gain a great deal from such an arrangement. Just a theory...
As a convenient example, if Sprint ends up with 5 million customers, and Cricket with 50 million, after the next few years, then we would definitely know...
6. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)
iPhone is gaining market share. Try to stay factual.
10. Roomaku (Posts: 278; Member since: 06 Feb 2012)
LOL. The iPhone may not be the best phone but for prepaid customers, at least those that don't know the ins and outs of jailbreaking and using simplemobile or other mvnos to use the iphone, this "old phone" means a lot of people can finally use a legitimate iPhone on prepaid
14. kindlefireowner (Posts: 410; Member since: 05 Dec 2011)
Dude. You might want to do some research before you post. Apple has sold 66 million iphones in the past 6 months worldwide. Name one model of android phone that sold more than 20 million in the same time period. NONE. Not even the Note.
3. Jojofromdabay (Posts: 39; Member since: 06 Apr 2010)
That Means they have to sale 1,500,000 handsets to meet their quota which I dont see being a problem considering all those people who want an iphone without a contract
9. lsutigers (Posts: 748; Member since: 08 Mar 2009)
Speculation of Boost / Virgin Mobile picking up the iPhone may trump Leap / Cricket's offering, considering they are on a Nationwide Network (Sprint) vs. regional (Leap / Cricket)
4. lubba (Posts: 1310; Member since: 17 Jan 2011)
Companies would sacrifice so much for the iPhone! I think ATT is going the right path. Find a worthy product like WP, popularize it, and make it the next iPhone but for less.
11. Roomaku (Posts: 278; Member since: 06 Feb 2012)
It's going to be awhile before WP7 eclipses the iPhone or Android, but yeah they have the right idea!
5. ApphoIe (banned) (Posts: 78; Member since: 31 May 2012)
LMAO, poor people on their pre paid plans. "Duhuhuhuuh, big boy contracts are too expensive and I can't afford it, but I'll gladly shell out $500 for a year old iphone that was already obsolete the day it launched. Derp!"
7. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)
Another ignorant comment by you that contributes nothing.
13. ApphoIe (banned) (Posts: 78; Member since: 31 May 2012)
You would know all about that huh welcher?
8. mahoganyheart (Posts: 11; Member since: 23 May 2012)
I'm not an iPhone fan nor lover, but saying the phone was obsolete on release, is just plan nonsense. Anyway, it is my point of view.
12. Roomaku (Posts: 278; Member since: 06 Feb 2012)
Yeah you may have a point about the price and price per month not being worth it, but with the phone you are way off. YOU may not like the iPhone but it's a great phone for basic things, and has the apps that people want. It's not my first choice, but I understand it's appeal and why it's still sells a fair number, and likely more then any other Android Phone. If you think about it the iPhone is the number two spot and it only has 3 phones, all running the same OS and it's up against an army of Android phones. If you ask me holding the number two selling spot spot is not bad especially because of it's up against a huge amount of Android phones, all being released for more or far less then the iPhone.
15. kindlefireowner (Posts: 410; Member since: 05 Dec 2011)
Google PC Mag network speed test. Anybody that would pay $400 dollars to use and iphone on that slow network is an idiot. Then they say it would roam on Sprint. The 2 slowest nationwide 3g networks. NO THANKS.
17. ivanko34 (Posts: 617; Member since: 04 Sep 2011)
So they must pay to apple one million each day
19. JunitoNH (Posts: 933; Member since: 15 Feb 2012)
And we wonder why the US supremacy, economy & leadership is going down the drain. Exhibit A, above comments.
20. hepresearch (unregistered)
No kidding... not many people, especially here in the US, realize that the United States does not even own itself anymore... our nation (the US) is owned almost entirely by private banking institutions OUTSIDE of the country, funded by other nations and powers across the rest of the world. So, when the US eventually declares that it is unable to make good on its own sovereign debts, the rest of the world will come in here legally, by force if necessary, to take back all US-based property, which is now rightfully theirs after all! None of us here actually, honestly, "own" any of the stuff that we think we "own"... we were already being sold out a generation ago, and 'the transaction' is just being completed now in this generation...