T-Mobile braces for unpredictable Q4 as phone prices climb
T-Mobile expects a more competitive and less predictable Q4 as phone prices surge on RAM costs up 400% this year and higher Qualcomm chip prices, with a staggered iPhone launch and limited iPhone Duo stock. Equipment revenue rose 13.4% to $3.93 billion.
- RAM prices are up 400% since January; Qualcomm raised chip prices
- Equipment revenue rose 13.4% to $3.93 billion
- The cheapest new iPhone now starts at $1,199
- T-Mobile defends its 36-month financing as prices climb
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