Free Apple iPhones in the UK?


Imagine getting a free version of the new Apple (NASDAQ: AAPL) 3G iPhone if you spend enough money on your cellular plan.

According to the Telegraph, O2, the iPhone distributor in the UK, will do just that. The paper writes that the firm with the exclusive rights to the product in Britain "is set to give away the 3G version of the handset to its highest-spending customers when it launches here next month."

The idea makes a perverse kind of sense. Cellular providers will have to pay Apple about $400 for the handset, unless they are passing that costs on to their subscribers. If a customer has a large enough plan, say $200 each month for a year, it may make sense for O2 to give that customer an iPhone to stay around.

Maybe AT&T (NYSE: T) will do the same in the U.S.

Douglas A. McIntyre is an editor at 247wallst.com.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 13, 2012: 12:01 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1329109299634 ms.