Telecom & Wireless
Spint (S) Losing Ground With New Products: Improvements At AT&T (T) And Verizon (VZ)(VOD)
Published:
Last Updated:
Sales of the new Samsung Instinct are not helping Sprint (S) very much. Of all the handsets the No.3 US cellular carrier sells, the Instinct ranks N0.15 in terns of unit sales and No.7 in terms of sales revenue, accourding to Comscore. The figures are based on sales at each carrier’s website.
The high-end phones at the other three large US carriers are much better at generating revenue.
That Apple (AAPL) iPhone is the top revenue producer for AT&T (T) although it ranks only No.9 in unit sales.
The HTC G1, with the Google (GOOG) Android system is the No.1 revenue producer for T-Mobile but ranks only No.8 in units. The top revenue producer for Verizon Wireless (VZ)(VOD) is the RIM (RIMM) Blackberry Storm. The RIMM product also ranks No.8 in unit sales.
The news reinforces that value of the high-end, expensive smart phone as a critical part of the product line-up of carriers. There is also a great deal of data showing that the consumers who have these phones are willing to pay higher subscription and data fees than other customers.
Douglas A. McIntyre
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.