Analyst: IPhone 5 set to cost U.S. carriers $10B in subsidies
U.S. carriers have a love-hate relationship with the iPhone and an analyst downgrade for AT&T and Verizon after the iPhone 5 went on sale illustrates why. Carriers may get customers, but they also have to shell out hundreds on a subsidy that cuts into their margins.
http://feedproxy.google.com/~r/TheAppleBlog/~3/KBtdwPUfARU/