Mac news from outside the reality distortion field
Type Size  -  +
February 28, 2008, 11:57 am

iPhone boosts O2’s earnings, heads for Ireland

iphone-o2.pngThe iPhone has been very good to O2 in the U.K.

Apple’s (AAPL) British-accented partner reported yesterday that the iPhone has become its fastest selling device, helping the U.K. division of Telefonica (TEF) achieve its strongest quarter on record. Sales were up 9.5 percent in the last quarter of 2007 — the first to show the effects of the iPhone. O2 did not provide sales figures for the iPhone alone, but it did say that the device helped add 483,000 customers and 276,000 contracts to its roster.

According to O2, the iPhone has the highest satisfaction rating and the lowest return rate of any phone in its lineup. Moreover, iPhone users generate roughly 30 percent more revenue per user than the carrier’s average customer.

O2 also announced today that starting March 14, it will be offering the iPhone for sale in Ireland — only the fifth country authorized to carry the phone (after the U.S., U.K., France and Germany). For pricing details, see the Irish Times’ report here.

In remarks yesterday at a Goldman Sachs technology symposium, Apple COO Tim Cook said his company will be cutting more deals in both Europe and Asia to reach its sales target of 10 million iPhones in 2008. See Apple’s COO calms the waters.

Hey George here is a clue. They are “selling” the phone not giving it away like samsung or nokia. The profit is over 50% on those phones u tard

Posted By das : February 28, 2008 6:01 pm

sear George Hamilton from sweden I need you to notice something in the rating site you posted
notice how many ratings your nokia got and how many people reviewed the phone

that’s 58 for the nokia and over 1700 for the iphone
I am glad you like your N95 because you can keep it
at $399 the iphone is a bargain compared to the $579 Nokia

Posted By lFNYC : February 28, 2008 4:48 pm

Maybe your buddy Big Toni S. from Bernstein can find the missing 1M iphones under the Blaney Stone?

Posted By bk : February 28, 2008 2:52 pm

To George,

We are the Borg and you too will be assimilated.

Typed from an iPod Touch while taking a George.

Posted By caccamucca : February 28, 2008 2:39 pm

Yeah Apple will easily beat their estimates of 10 mil
I think by year end they will have sold over 15 mil…
possibly closer to 18m depending on how well it does in Asia

and to think that’s only a minuscule market share %
the stock can go to $300 this year

Posted By LFNYC : February 28, 2008 2:10 pm

“That makes..let me count…a 0,7% market share worldwide.”

Not bad…for a single model with a 800 € price tag… what about nokia?

Posted By Carvalhinho, Lisboa Portugal : February 28, 2008 1:38 pm

iPhone is really world famous in all over the big USA! Outside the USA it is just one in many.

It has a 2 Mpx camera, no HSPA and no GPS! That´s what we here in Europe call primitive.

And regarding customer satisfaction…

http://alatest.co.uk/cellular_phones/c-8/

Yes, the iPhone is pure US-hype. Nothing for us in Europe. We like devices more advanced than you.

Posted By George Hamilton, Stockholm, Sweden : February 28, 2008 1:30 pm

Yeah, but more importantly they are gaining momentum and expanding their niche in the market. I excited to see these reports finally coming out. I’ll be perfectly content to watch my stock go up up up. I think you’ll see AAPL @ 160 by the next quarter earnings report and then we’ll see 200 in the summer.

Posted By George, Seatle WA : February 28, 2008 1:11 pm

Just imagine what would happen if iPhone has about 2% of handheld market. I have one right now and think why wouldn’t anyone want to have one.

Posted By Ben, Chino CA : February 28, 2008 1:07 pm

Yeah George…..compare it to those crappy Nokia or Samsung handsets the carriers give you for free for signing a contract. It is high-end smartphone. Are you a dope or what ?

The iphone is out less than a year (remember all the version 1.0 warnings of failure) and it has the highest satisfaction rates, data consumption rates, and is already the largest mobile web browsing platform.

And all you can say is look at the total global marketshare ? That’s just pathetic.

Posted By Glenn, NYC : February 28, 2008 1:07 pm

WOW! Apple is going to sell 10 million iPnones this year!

That makes..let me count…a 0,7% market share worldwide.

Posted By George Hamilton, Stockholm, Sweden : February 28, 2008 12:52 pm
CNNMoney.com Comment Policy: CNNMoney.com encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNNMoney.com may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNNMoney.com the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNNMoney.com Privacy Statement.
Philip Elmer-DeWittSilicon Valley veterans like to joke that Steve Jobs must be surrounded by a reality distortion field; if you get too close to him, you start to believe what he's saying. Thanks to the success of the iPod, the launch of the iPhone and the renewed interest in the Mac, Apple has made believers out of millions of customers - and made a lot of investors rich. But Philip Elmer-DeWitt believes that an ounce of skepticism never hurts when writing about the company. He should know. He's been covering Apple - and watching Steve Jobs operate - since 1982, first for Time Magazine, then for Business 2.0, and now for Fortune.
Subscribe to Apple 2.0: RSS feed | email newsletter
* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer
Powered by WordPress.com.