When it comes to AAPL stock these days, investors and analysts are very conservative in their predictions of what the iPhone makers are capable of pulling off. And, despite the T-Mobile iPhone announcement yesterday, many will be staying that way. One analyst keen to buck the trend is Shaw Wu of Sterne Agee.
The carrier’s user base grow massively from 33 million to 42 million subscribers once the merger with MetroPCS goes through, and the iPhone will help not only Tmo to gain new customers, but will attract more away from the carrier’s Android devices across to iOS.
“While T-Mobile USA has lost customers, its core customer base remains loyal to its lower cost and unlimited data plans. We believe this will help Apple capture incremental customers and strengthen its position against (Google’s) Android, which got its start on T-Mobile USA.”
I’ll certainly be interested to see how many of T-Mobile’s users will switch to the iPhone when it becomes available. At just $99 up front, it’s surely a tempting offer to everyone, especially as it will be compatible with all of the network bandwidths offered by the US’ #4 carrier. But, with the Galaxy S4 and BlackBerry Z10 both launching at the same price point, will it compete?