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Saturday, August 16, 2008

Best Buy won’t earn big from iPhone deal; will cash in on accessories

As you may have heard, Apple struck a deal with Best Buy a few days ago to sell the iPhone semi-exclusively starting September 7. But one analyst has noticed this may not be a very great deal for Best Buy, at least in the sales department. In fact, Best Buy stands to earn a maximum of $50 per phone.

Despite the lack of revenue from the deal, Best Buy does stand to earn big from accessory sales. And while no one knows exactly how the numbers work out, Colin A. McGranahan with Sanford C. Berstein & Co told BusinessWeek that since the wholesale price of the iPhone 3G is probably around $550, AT&T could make up to a $350 subsidy from the voice and data fees. Likewise, Apple would get a $450 subsidy from AT&T.

Read the whole article @ Top iPhone News

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