Apple Fights The Telephone Company

September 7, 2007 by Douglas A. McIntyre

AT&T (T) was supposed to get a big benefit from selling the Apple (AAPL) iPhone. But, AAPL may have turned that on its head.

With iPhones and iPods that have WiFi access, customers are surfing the web without using their data minutes on cellular networks. And, with browsers being added to AAPL handhelds, the possibility of adding VoIP functions for free internet calling are becoming a reality.

As Fortune points out: "The Wi-Fi capabilities built into the touch – and other devices such as Nokia’s N95 and Samsung’s T409 – in the long run could end up bypassing wireless phone networks altogether."

If much of this comes to pass, the iPhone will have been the ultimate Trojan Horse for the cellular industry. And, it may rue the day it got into bed with Apple.

Douglas A. McIntyre

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.