iPhone Crosses the Border

"O, Canada" may soon be playing on your iPhone.

Earlier today, Canadian telco Rogers Communications (NYSE: RCI  ) said it brokered a deal with Apple (Nasdaq: AAPL  ) to bring the iPhone to Canada later this year. Details weren't forthcoming, the CBC reports.

My guess is that Rogers got a better distribution deal than AT&T (NYSE: T  ) did. Why? Poor results in Europe. A clearance sale in Germany was followed by reports of Apple asking France Telecom (NYSE: FTE  ) to cut prices of iPhones sold through its Orange mobile service.

Even so, bringing the iPhone to more territories is key to achieving Apple's goal of selling 10 million handsets in 2008, and geometrically more than that in years to come.

What's more, if the Rogers deal is proof of Apple's willingness to negotiate terms, it could augur well for a deal with China Mobile (NYSE: CHL  ) . Fools will recall that a deal in the Sino superpower was assured in November, put on hold in January, and then suddenly resurrected earlier this month.

Rogers and others may also be lured by whatever Apple is creating in the way of a 3G iPhone. At the very least, northern peer Research In Motion (Nasdaq: RIMM  ) , which also sells through Rogers, has experienced delays in rolling out a 3G version of its BlackBerry through AT&T, raising the heretofore-unthinkable possibility of an iPhone coup of RIM's home turf.

Or in simpler terms: Thanks to Rogers, Canada now stands on guard for the iPhone.

Brrrrring! It's related Foolishness calling:

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 632877, ~/Articles/ArticleHandler.aspx, 10/28/2016 12:36:07 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,242.00 72.32 0.40%
S&P 500 2,139.83 6.79 0.32%
NASD 5,227.20 11.22 0.22%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/28/2016 12:20 PM
AAPL $115.08 Up +0.60 +0.52%
Apple CAPS Rating: ****
BBRY $7.18 Up +0.04 +0.49%
BlackBerry CAPS Rating: *
CHL $57.22 Up +0.02 +0.04%
China Mobile CAPS Rating: ****
NOK $4.57 Down -0.16 -3.38%
Nokia CAPS Rating: ***
ORAN $15.80 Down -0.06 -0.35%
Orange CAPS Rating: ****
T $36.74 Up +0.22 +0.59%
AT and T CAPS Rating: ****