True, they still take a majority of the profit there, but remember, this is revenue earned off one iPhone over the next 24 months. As an Apple investor, this is something that would have had even more of an impact on their earnings this past Monday. I'm curious to see what will happen with Apple revenue in their next quarters earnings, with 2 full quarters of iPhone sales and the revenues gained from ATT.

But I'm straying a bit on the Apple thing. I will post their earnings in the Off-Topic forum and we can continue discussing that there.

EDIT - Link to thread on Apple Earnings - http://www.cellphonesignal.com/showthread.php?t=1994

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ATT

I think the next two quarters will be higher still, once the Dobson merger with AT&T is complete.