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AAPL Stock: 113.99 ( + 1.98 )

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Analysts: Europe's iPhone war to raise stock

updated 11:50 am EDT, Fri July 13, 2007

Europe's iPhone war

Analysts with American Technology Research say they believe that the fight for European iPhone contracts may boost Apple's stock substantially. Having witnessed AT&T's success with a contract in the United States, the European divisions of O2, Orange, T-Mobile and Vodafone are all said to be bidding aggressively, with the last of four being tipped as a prime candidate. Although the companies may end up with separate contracts based on nationality, AmTech argues that the strength of Apple's position will allow it to dictate terms, much as it did with AT&T.

Aside from financial success, this strength comes from Apple's general mainstream appeal, which has been luring American subscribers away from other phone carriers. Some 25 percent of current iPhone/AT&T subscribers are said to have come from rival networks. Because of this, AmTech expects that after a short-term drop in share prices, Apple's stock may rise to $165 from its July 13th price of about $135.




by MacNN Staff

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Comments

  1. broohaha22

    Joined: Dec 1969

    0

    the nerve!

    More analyst B.S.! Macnn is going down the drain!

    Give us real news, not some predictions spouted off by so-called analysts that don't know what they're talking about!

    Harumph!

  1. Athens

    Joined: Dec 1969

    0

    Speak for yourself

    I found the story interesting. Don't like it, don't read it. I bet the other US phone companies are kicking themselves in the butt for not working with Apple. AT&T brand name just got bigger with all the news coverage alone let alone the new subscribers it got. In Canada we are so out of luck, only got one GSM provider now so Rogers/Fido will have little to compete with when Apple trys to bring it to Canada.

  1. climacs

    Joined: Dec 1969

    0

    good story

    I agree with athens, this is an interesting story. Though I doubt that AAPL will dip anytime soon. By the way, I hope Apple waits on Canada... only 30 million people there, maybe after Europe gets the iPhone and Canada is still out in the cold (har har), Canadians will beat up on Rogers and force them (or the government) to take action re: their extortionate pricing.

  1. broohaha22

    Joined: Dec 1969

    0

    *grin*

    :-D

  1. Eriamjh

    Joined: Dec 1969

    0

    Apple contract...

    I'm sure AT&T was biting its lip over the contract for the iPhone. It took a huge risk. The other cell co's did not want to cede power or control and thought it was a "bad deal". AT&T looked at iPod sales and must have determined that it needed a piece of that pie in phone form. Money is money.

    Greed kept the other companies form accepting Apple's terms (whatever those may be, since they are unknown). But AT&Ts own greed helped them accept what, to others, was unacceptable. We don't know how much money AT&T will make, how many iPhones have been sold, etc. We will someday (Apple's next quarterly announcement).

    The analysts are usually full of c*** with regards to just about everything about the iPhone, much like everything I just said above for the same reason. However, we WILL see how successful the iPhone is (or isn't) soon.

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