Quote:
Originally Posted by Gerco
How is this hurting apple? Maybe hurting att, but Apple's still selling the phones... still gets the money for those unlocked phones..
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If you had bothered to read the full story
'Lost revenue'
Mr Sacconaghi said the high number of unlocked iPhones in the US would be a concern for Apple, as it receives a percentage of AT&T's contract fees from iPhone users.
He estimates that if Apple sells 10 million iPhones in the US by the end of 2008, but 30% of them have been unlocked to work with other phone networks, Apple will lose $500m (£251m) in revenues.
Apple and AT&T have declined to comment on the detail of the report.