AAPL: T-Mobile USA (TMUS +0.2%) has sold 500K...

10:31 AM T-Mobile USA (TMUS +0.2%) has sold 500K iPhones (AAPL +1.1%) since it began sales on April 12.  That's a solid start for the low-end carrier, whose decision to sell the iPhone unsubsidized (with installment plans) could have big industry implications if it goes well. The disclosure was provided in T-Mobile's Q1 report (exc. MetroPCS), which otherwise was ho-hum. 579K customers were added, and branded customers rose for the first time in 15 quarters. But another 199K postpaid subs were lost, service revenue fell 9.9% Y/Y, and adjusted EBITDA fell 7.5% Y/Y to $1.2B. Branded prepaid ARPU +11% to $28.25, but branded postpaid ARPU -6% to $54.07. Read comments

AAPL price at time of publication: $463.72. Check AAPL price now »

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