- Jim Cramer: ‘AT&T Will Win Wireless War With iPhone’
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More from Jim Cramer on his scoop that AT&T intends to offer free service with the iPhone:
Management sounded like kids when talking about the iPhone and how it was going to remake AT&T and that it was the greatest invention they’ve ever seen.
Now, AT&T’s all about market share, and if you read between the lines, I think you see a strategy coming where the device’s $500 price point is preserved but the service contract is greatly reduced. I think that AT&T — and not Apple — is the key to this next leg, and CEO Stan Sigman can make it happen.
Update: Here’s a link to Cingular’s Q4 2006 conference call (26 MB MP3 file). If you liked Cingular CEO Stan Sigman’s riveting performance on-stage during the Macworld keynote, you’re going to love this. He talks about the iPhone only briefly, just past the 28:00 mark, and says nothing about any sort of free service plans.
Update 2: I created a 300 KB MP3 consisting of just the 43-second snippet where Sigman talks about iPhone; save yourself some bandwidth.★ Thursday, 25 January 2007