- Over the last year, Apple sold 11 million iPhones into AT&T’s (T) installed base of 65 million subscribers. Some of those customers might switch to Verizon if and when it gets the device, but with its 83 million pre-paid subs, Verizon would likely provide at least 12 million net additional unit sales for Apple.
- Adding a second U.S. carrier would blunt the competitive threat from Google’s (GOOG) Android platform, which Verizon has been promoting heavily as its answer to the iPhone…
- An additional 12M units would translate into $7B-plus in revenue and $3.00-plus in EPS per year—which isn’t pre-baked into expectations.

[BusinessInsider]

Oppenheimer stopped by Apple yesterday and asked about new products and market share.  Apple said that there is still tremendous potential for the Mac and the iPhone to grow in market share.

In Europe, Mac unit sales have grown 5% and revenue has grown 18%.  However in the U.S. Mac units sold have declined 8%.  Senior analyst at Oppenheimer Yair Reiner stated that the “iPhone is still in its early days and could gain share by: providing more functionality; lowering prices; growing geographically; or segmenting the market with different models.”

Reiner stated that these are just options that Apple is considering.  The company did not necessarily mean that they will do all of those options.  Reiner expects that a combination of those options will take place within the next 6 months.

In terms of the AT&T partnership, Apple said that they were happy with the company and competition has been good.  But Australia is an example of where three carriers are selling the iPhone.

[via AppleInsider]