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Technology Stocks : Apple Tankwatch

AAPL 267.26

-1.4%

Jan 5 3:59 PM EST

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To: zax who wrote (26249)	6/11/2013 7:49:21 AM
From: FJB	Read Replies (2) of 32692

AT&T Tightens Its Purse Strings at Apple's Expense Two years ago, wireless carriers tightened their upgrade policies across the board, while also implementing upgrade fees to partially offset subsidy expenses. That trend is happening again this year, which could very well come atApple's (NASDAQ: AAPL ) expense. In April, No. 1 carrier Verizon (NYSE: VZ ) Wireless announced that it was tightening its upgrade policy, increasing the timeframe from 20 months to 24 months, to "align the upgrade date with the contract end date," as if that's a good thing for consumers. Big Red has been aggressively seeking to rein in subsidy expenses, in part by promoting platform competition. AT&T (NYSE: T ) has just announced that it is following in Big Red's footsteps, similarly extending the amount of time that consumers have to wait before they can buy shiny new smartphones, which will now be a full 24 months. That will also "align" upgrade dates with contract end dates, and the changes will impact Ma Bell customers whose contracts expire in March 2014 or later. More at: fool.com

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