Apple’s unprecedented, almost unbelievable iPhone business model: hassle-free MVNO

“The iPhone user interface is extraordinary, but the business model Apple has concocted for the iPhone is unprecedented and almost unbelievable. Here’s how it works: Apple sells iPhone hardware at a tidy profit and maintains complete control of its margins across its product line as Apple sets pricing itself without the confusion of carrier subsidies and rebates. Apple gets a cut of the service revenue the hardware generates. Apple maintains a separate billing relationship with the customer and uses that to sell content to users (music, movies and ringtones now, with games almost certainly coming soon) and takes a cut of that revenue as well,” Avi Greengar, Principal Analyst, Mobile Devices at Current Analysis Inc., writes for RCR Wireless News.

“However, like an MVNO [Mobile Virtual Network Operator], Apple doesn’t have to deal with any of the hassles of buying spectrum, building out networks, or maintaining them. Unlike an MVNO, Apple doesn’t even have to worry about managing billing for voice and data, or managing customer service. Apple also gets to piggyback on top of the carrier’s retail distribution network and advertising instead of competing with them. Apple’s model includes all the benefits of being an MVNO without any of the risk, and all the benefits of being a high-margin hardware vendor without many of the usual carrier constraints,” Greengar writes.

Full article here.

29 Comments

  1. This is the same for the carrier…..it might take a bit more to get it setup, as far as negotiations and possible less profit per “sale”. But its just more money in ATT or O2…etc… pocket.

  2. And the rest of the competition let them sneak up on ’em and had absolutely nothing to respond with. And alot of people are not gonna switch until their contract runs out. Not only is the slice of pie getting bigger for Apple, it is getting bigger at the expense of its competition. The CEO of Blackberry and Verizon need a decent response.
    They can ignore it, but eventually they will be forced to acknowledge the iPhone. Since they can’t respond with hardware, they have to respond with price cuts…which benefits the consumers.

  3. This is why I laugh when some say Apple should have sold the iPhone unlocked without any particular carrier. If Apple did that, not only would there be no fat profits for Apple, but we would not have visual voicemail and the unbelieveable good unlimited data deal.

  4. Yes, $20/month for unlimited data is OUTSTANDING. Apple (and ATT) really pinpointed the magic price point at which this all makes sense to the average consumer.
    P.S. Visual voice mail is cool too!

  5. The iPhone has a glossy screen. That is why I refuse to buy the iPhone. You should have made an iPhone with a matte screen, Apple.

    Do you have trouble seeing the screen?

    I think this is the best screen on a cell/smart phone ever. I can actually see the screen in direct (over-the-shoulder) sunlight. I have not been able to do that on ANY of my previous cell phones with color screens.

  6. That’s what you get when you offer a unique product not available from any other company. Other unique products from Apple… A line of computers that runs Mac OS X. The iPod/iTunes combo. The next one may be the first truly useable “tablet” computer. Apple’s strategy is not to compete; it’s to have no significant competition.

  7. @Matthew
    “The iPhone has a glossy screen. That is why I refuse to buy the iPhone. You should have made an iPhone with a matte screen, Apple.”

    You might try Power Supports Anti-Glare film. It’s excellent. The iPhone looks like a MacBook Pro screen. But that’s probably not the real reason you didn’t get the phone is it?

  8. Glossy is the way to go! Whether it be an iMac or an iPhone.

    What was this thread about….? Oh yeah. Great business plan Steve, what a genius! At one time I thought. “Steve is the best chess player ever!”

    Now I realize the game he plays is closer to Go. He slaps down those little pebbles one at a time and blocks the competition at every turn, its amazing to witness his strategy over time, it is truly masterful.

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