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Best Buy’s Break-Even iPhone Deal
iPhone Buzz found this 8/15/2008 on bits.blogs.nytimes.com
So how long can Apple make extra money by being special? The company announced on Wednesday that it would start selling iPhones through Best Buy stores, complementing the Apple and AT&T stores that already sell the phone. Colin A. McGranahan, the retail analyst with Sanford C. Bernstein & Co., said in a research note that Best Buy may well make no profit on the phone itself, and even if it ...