openPR Logo
Press release

Proposed Apple/Sprint Deal Should Benefit Both Companies

09-12-2011 10:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GCM Worldwide

According to several reports, an Apple iPhone and Sprint deal is increasingly likely with the introduction of the new iPhone 5, particularly in light of the fact that Sprint will be the only remaining carrier with an unlimited data plan, an asset that clearly appeals to Apple. Although not officially confirmed, if a deal goes through it could be a huge benefit for both companies.

Apple stands to gain access to Sprint’s 46 million mobile subscribers, thereby challenging Android’s increasing presence in the mobile market, while Sprint would now be in the same position of both Verizon and AT&T, which already have agreements to sell iPhone.

According to a recent Comscore report, Android continues to widen its gap with Apple in the U.S. smartphone market with a market share of over 38 percent, as over against Apple’s 27 percent. A recent investor alert from Douglas Fallsworth, via the GCMWorldwide.com investor newsletter, both confirmed these figures and speculated that this widening gap may well drive Apple to approve the proposed deal with Sprint. Apple obviously wants to close this gap, and the deal with Sprint would be a major step in the right direction. Access to Sprint’s 45 million subscribers could help Apple gain market share at a considerably faster rate going forward.

Sprint, too, stands to benefit from this potential deal. Sprint’s share in the U.S. mobile subscriber market has been on the decline for well over a year, now. Having iPhone would not only help it gain more subscribers, but also increase its average revenue per customer, as iPhone users are generally known to be heavy data users.

GCM Worldwide is a New York based investment firm. We offer a full range of investment and financial services for both corporate and individual clients.

GCM Worldwide
575 Broadway
Suite 4000
New York, New York
10012

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Proposed Apple/Sprint Deal Should Benefit Both Companies here

News-ID: 191326 • Views:

More Releases from GCM Worldwide

Kazakhstan Looking Increasingly Attractive to International Businesses, Investor …
Kazakhstan, strategically placed between China and Russia, has a wealth of mineral riches which it is eager to profit from. While Kazakhstan is probably best known for its oil, changes are on the horizon as mining companies flow in searching for copper, gold, zinc and other natural resources. While British and Swiss concerns continue to enter the country to pen mining deals, no less a player than industry giant Rio
Outflow from Emerging Markets Offers Investment Bargains for the Savvy Investor, …
The largest outflow from emerging- market funds in four years looks like a very good indication to purchase stocks (which have currently been deflated to their lowest valuations in nearly three years), say analysts at the investment firm of GCM Worldwide. Investors pulled close to eight billion dollars this week, the third highest such withdrawal on record, and over a full percent of assets under management. GCM Worldwide,
GCM Worldwide Reviews Equity Fluctuation’s Impact on Investment Banks, Looks t …
Unprecedented swings in the equity market have analysts pondering whether this August’s results will lead to profits or loss for Wall Street’s big investment banks. Instability and massive trading volume may help this quarter’s results in a historically weak period, GCM Worldwide analyst Arthur Melnick said in a note this week, explaining that bank trading positions (many of which have been closely guarded secrets) will determine the final result. The
Solid Industrial And Tech Stock Bargains Abound Say Analysts At GCM Worldwide
As the market continues to fluctuate, analysts at New York based investment firm GCM Worldwide continue to look for, and recommend, stocks with solid long-term potential. “While some investors panicked over the recent market plunges and liquidated stocks with great mid to long-term prospects, we see a multitude of bargains emerging for our more steadfast clients. There’s no better time than the present to snap up some of

All 5 Releases


More Releases for Sprint

5G Services Market Is Booming So Rapidly | BT Group, Sprint, Telstra
The Global 5G Services Market Size is estimated at $110.4 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 29.6% to reach $1138.7 Billion by 2034. The latest study released on the Global 5G Services Market by USD Analytics Market evaluates market size, trend, and forecast to 2034. The 5G Services market study covers significant research data and proofs to be a handy resource document for
Shared Carrier Services Market Next Big Thing| cellXica, Ericsson, Sprint Corpor …
Latest released research study on Shared Carrier Services Market delivers volume and values at regional and company levels considering slowdown due to COVID across the globe. From a global perspective, the report analyses historical data and future prospects to represent the total Global Shared Carrier Services Market size broken down by various segments (type and application) and by highest potential and emerging countries. Some of the players profiled are AT&T
VoIP Market is Booming Worldwide | Sprint Nextel, Microsoft, Vonage Citrix
Advance Market Analytics published a new research publication on “VoIP Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the VoIP Market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study
5G IoT Market Next Big Thing | Major Giants Verizon, Sprint, Singtel
Latest released Global 5G IoT Market Research Report provides detailed assessment of Key and emerging players showcasing company profiles, product/service offerings, market price, and sales revenue to better derive market size estimation. With this assesment the aim is to provide viewpoint on upcoming trends, growth drivers, opinions and facts derived from industry executives with statistically supported and market validated data. Furthermore, a detailed commentary on How or Why this market
Global M2M Services Market 2018 - ATT, EE, Sprint, Verizon
Apex Market Research, recently published a detailed market research study focused on the "M2M Services Market" across the global, regional and country level. The report provides 360° analysis of "M2M Services Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global M2M Services industry, and estimates the future trend of M2M Services market
Sprint confidence and encouragement boost for female graduates
The Springboard Consultancy’s ‘Sprint’ programme answers recent concerns about female graduates being able to get jobs. So says Karen Daly-Gherabi, Managing Director of The Springboard Consultancy (SBC), a UK-based international training company specialising in women's development issues. Recent research from The Association of Graduate Recruiters (AGR) reveals that female graduates in the UK are less likely to apply for - but are more likely to land - a place on a graduate