What Happens To Sprint Stock If They Merge With T-Mobile Got Your Eye on an iPhone? Here’s the Latest

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Got Your Eye on an iPhone? Here’s the Latest

Are you set on an iPhone? You can get in line now. A May survey by research firm M:Metrics found that about 19 million mobile phone users in the US are willing to shell out $599 for a new iPhone. Almost as much, according to forecasts of Bernstein Research, Apple will sell by 2008.

The new iPhone goes on sale on June 29, and all indications are that demand will be huge. AT&T is hiring 2,000 temporary workers to help with the launch. Apple CEO Steve Jobs predicted sales of 10 million iPhones in the first 18 months — a conservative estimate based on independent research.

AT&T acquired an early-stage iPhone exclusive. M:Metrics analyst Mark Donovan said that “two-thirds of the people who said they were strongly interested in buying an iPhone are currently signed up to AT&T’s three biggest competitors.” He added: “In this mature market, it’s all about stealing customers from the competition.”

Even the high price — as much as $599 with a two-year contract — doesn’t seem to be deterring potential buyers. It’s unclear what plan AT&T will need with the iPhone, but you can bet the allure of technology will trump the fear of the unknown. Donovan noted that once the initial cohort receives their iPhones, contract pricing may be a barrier for some buyers.

Because of the younger demographics, T-Mobile customers seem to be most interested in the change. According to the M:Metrics survey, 12.5% ​​of T-Mobile subscribers expressed a strong interest in buying an iPhone, compared to 8.1% of Sprint Nextel customers and 6.7% of Verizon users.

Here are some tips for buying an iPhone.

o Start your http://www.CellForCash.com transaction immediately. You can have your box by the time you get your iPhone and some cash in your pocket to help you get over the sticker shock.

o AT&T spokesman John Kampfe says “iPhone will be available…only at AT&T-owned retail stores, Apple retail stores and through Apple’s online store.” Check out Apple’s online store on June 29. According to Steve Jobs, the iPhone should go on sale at 6 pm that day. But forget trying the AT&T site; the company says it won’t sell iPhones online, at least initially.

o Call a few local AT&T stores and see if you can get on their waiting lists, or if your local sales representative has any tips on how that particular store handles requests.

o Get to an Apple Store or an AT&T Store early before they open on June 29. The big question is how many phones will be in each store.

o Wait until the June 29th launch mania is over and hope that AT&T and Apple decide to allow local AT&T agents to sell the iPhone.

AT&T Inc. spent $50 million on its network in anticipation of the increased activity that should follow the debut of the iPhone on the 29th, anyone who wants to break an existing contract can expect to pay $175 on top of the cost of the new gadget.

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