Spint (S) Losing Ground With New Products: Improvements At AT&T (T) And Verizon (VZ)(VOD)
Sales of the new Samsung Instinct are not helping Sprint (S) very much. Of all the handsets the No.3 US cellular carrier sells, the Instinct ranks N0.15 in terns of unit sales and No.7 in terms of sales revenue, accourding…
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The high-end phones at the other three large US carriers are much better at generating revenue.
That Apple (AAPL) iPhone is the top revenue producer for AT&T (T) although it ranks only No.9 in unit sales.
The HTC G1, with the Google (GOOG) Android system is the No.1 revenue producer for T-Mobile but ranks only No.8 in units. The top revenue producer for Verizon Wireless (VZ)(VOD) is the RIM (RIMM) Blackberry Storm. The RIMM product also ranks No.8 in unit sales.
The news reinforces that value of the high-end, expensive smart phone as a critical part of the product line-up of carriers. There is also a great deal of data showing that the consumers who have these phones are willing to pay higher subscription and data fees than other customers.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
