AT&T’s iPhone Dependence Could Be A Concern

AT&T Inc.’s (T) Mobility unit might as well be called the “iPhone carrier.” That, essentially, is what it’s become as nearly three-quarters of AT&T’s new wireless contract customers last quarter were iPhone users – an extremely large amount of influence that one product has over AT&T. Being so closely tied to the iPhone carries risk should the phone lose its chic status or competitors catch up with similar bells and whistles. In addition, the dependence illustrates how badly the telco needs to maintain its exclusivity agreement with Apple Inc. – from WSJ