AT&T to Pay Apple for Referred Customers

AT&T (the new Cingular) may pay Apple a cut of all subscribers it refers to the communications company via both the online and offline Apple stores, according to American Technology Research firm’s Shaw Wu.

“The iPhone … commands enough potential sales leverage that AT&T is willing to share some of the proceeds,” said Wu, the same analyst who speculated about AT&T giving customers $50 to $150 iPhone rebates.

“AT&T will pay Apple a commission for each new customer and a cut of the customer’s monthly payment,” he said.

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