IPhone: Growth-Driver, Margin-Crusher – Barron’s


Bloomberg

IPhone: Growth-Driver, Margin-Crusher
Barron’s
The device helped drive record postpaid average revenue-per-user (ARPU) growth and slightly better postpaid-sub growth; however, [ Apple (ticker: AAPL)] iPhone subsidies crushed margins. There is some evidence of improving trends in 2012.
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