IPhone, One of the Best Selling Smart Phones is Finally Coming to T-Mobile.
T-Mobile is the the fourth-largest wireless carrier in the U.S. with 33 million subscribers and annual revenue exceeding $21 billion. IPhone was already available with AT&T (107 million subscribers) and Verizon (116 million subscribers), but this is a positive development for T-Mobile which is already in talks to acquire Metro PCS with 9 million subscribers. The acquisition will take the number of customers for T-Mobile to around 42 million, close to Sprint Nextel's 55 million but far behind that of Verizon and AT&T.
According to analyst Shaw Wu of Sterne Agee, this new development will give apple a boost and help in capping potential customers. It will strengthen the company against Google’s android, which already is available with T-Mobile. And will also provide a chance to mobile application development to come up with more amazing apps.
According to Wu, Apple had to tone down the iPhone build plans as demand has been weaker than expected. Investor sentiments suggest that the June quarter for apple would be conservative, so the addition of new prospective customers is a positive sign and could boost the quarter earning. It might outperform the analysts expected forecasts. The reasons for conservative earnings are law suits with Samsung, tough competition in the phone market with some good phones like Samsung S3/S4, HTC and other android phones, problems in the supply chain and strong criticism of iPhone Maps (which the company swapped with Google maps available in previous versions). According to some Analysts Apple is lagging behind and is not updating its phones at the speed other companies like Samsung and HTC are doing.
With T-Mobile carrying iPhone, expectations are high for more wireless carriers to start carrying iPhone in the future. China mobile, the world’s largest wireless carrier with a subscriber base of 703 million doesn't carry iPhone. NTT DoCoMo, with over 61 million subscribers, which amount to over half of Japan’s Mobile phone market share doesn't carry iPhone either. There is great potential for all leading iphone application development company. If these companies decide to carry iPhone on their networks in future, it would be a massive boost for apple as a company and its investors.
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