End of revenue sharing for Apple and 3G iPhone
If its latest filing with the Securities and Exchange Commission is anything to go by, it looks like Apple’s days of carrier revenue sharing are over thanks to the launch of the new 3G iPhone.
The filing says: “Apple will not receive follow-on revenue generating payments from carriers for the new iPhone 3G beyond the purchase of the device by carriers or a commission on sales of the device by Apple. Apple will continue to receive payments from cellular network providers related to first-generation iPhones as long as they remain active on authorized networks.”
The filing does say, however, that the end to revenue sharing is only “under the vast majority of these agreements” so there must be some carriers out there still getting milked by Apple. Rumour has it AT&T is no longer one of them – so who’s the unlucky operator still handing over bundles of cash?