{"id":4652,"date":"2011-08-15T00:39:25","date_gmt":"2011-08-14T23:39:25","guid":{"rendered":"http:\/\/www.ewanspence.com\/blog\/?p=4652"},"modified":"2011-08-15T00:39:25","modified_gmt":"2011-08-14T23:39:25","slug":"heres-why-apple-will-never-buy-a-carrier","status":"publish","type":"post","link":"https:\/\/ewanspence.co.uk\/blog\/2011\/08\/heres-why-apple-will-never-buy-a-carrier\/","title":{"rendered":"Here&#8217;s why Apple will never buy a carrier"},"content":{"rendered":"<blockquote><p>[US network&#8217;s]\u00a0return on equity (the profit-per-dollar invested in the business) is way below what Apple enjoys, in spite of its having \u201cway too much cash for its own good.\u201d For example, last quarter, AT&amp;T\u2019s Net Income was $3.6B for $113.8B in Equity, a ratio of 3.16%. Apple\u2019s numbers were $7.3B for $69.3, a ratio of 10.5% \u2014 more than 3 times AT&amp;T\u2019s&#8230;<\/p>\n<p>It\u2019s a nice fantasy, a carrier with the service quality and simplicity we get today when we enter an Apple Store. But for the fantasy to become reality, Apple Wireless would need to give birth to services that generate significant new hardware opportunities \u2013 opportunities that would need to be unavailable through Verizon and AT&amp;T (otherwise, what\u2019s the point?).<\/p><\/blockquote>\n<p>Or in simple terms, owning a network <a href=\"http:\/\/www.mondaynote.com\/2011\/08\/14\/steve-please-buy-us-a-carrier\/\">will not shift a significant number of new devices<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[US network&#8217;s]\u00a0return on equity (the profit-per-dollar invested in the business) is way below what Apple enjoys, in spite of its having \u201cway too much cash for its own good.\u201d For example, last quarter, AT&amp;T\u2019s Net Income was $3.6B for $113.8B in Equity, a ratio of 3.16%. Apple\u2019s numbers were $7.3B for $69.3, a ratio of 10.5% \u2014 more than 3 times AT&amp;T\u2019s&#8230; It\u2019s a nice fantasy, a carrier with the service quality and simplicity we get today when we enter an Apple Store. But for the fantasy to become reality, Apple Wireless would need to give birth to services that<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[606,25,52],"tags":[],"class_list":["post-4652","post","type-post","status-publish","format-standard","hentry","category-apple-pocket-computers-and-phones","category-link-log","category-web-2point0","comments-off"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p58Gl0-1d2","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4652"}],"version-history":[{"count":0,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4652\/revisions"}],"wp:attachment":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}