“We view this as positive as it allows Apple to gain market share in the U.S. with an additional 42 million subscribers. We also believe this should help Apple’s June-quarter outlook, which most expect to be very conservative due to weak build plan data ahead of new iPhone refreshes,” Wu writes. “We continue to see Apple as a second-half story with several catalysts.”
Wu writes, “While T-Mobile 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 (GOOG) Android, which got its start on T-Mobile.”
Read more in the full article here.
MacDailyNews Take: It will be interesting to see how well T-Mobile USA does with their new pricing scheme combined with finally being able to offer Apple’s iPhone.
MacDailyNews Note: 40,000! Whew!