30th April 2024

Apple Inc.’s iPhone gross sales have been booming because it launched fashions final yr with ultrafast 5G mobile functionality—thanks largely to wi-fi firms’ enticing presents to get prospects utilizing the brand new know-how.

Verizon Communications Inc., AT&T Inc. and T-Cellular US Inc. have rolled out large subsidies over the previous yr to retain prospects and scale back the price of shopping for new iPhones so customers will improve to their 5G companies. As Apple prepares to point out off a brand new crop of 5G-enabled iPhones Tuesday, an enormous query is how lengthy that costly battle among the many carriers for purchasers will proceed to propel iPhone gross sales.

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