Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > News > Tech News > Briefly: T-Mobile iPhone sale, Otterbox exploring buyout

Briefly: T-Mobile iPhone sale, Otterbox exploring buyout
Thread Tools
NewsPoster
MacNN Staff
Join Date: Jul 2012
Status: Offline
Reply With Quote
Aug 26, 2014, 10:45 PM
 
Starting on Wednesday, T-Mobile will offer a discount of up to $50 off the full price of all iPhones, according to a leaked internal memo. The offer will not affect subsidized iPhones, but applies to "device only" (no contract) sales. The discount will vary depending on the model and capacity, notes TmoNews, and is likely a reaction to recent price-cutting of contract phones by retailers like Walmart, which has dropped the price of the iPhone 5c to 97 cents and the iPhone 5s to $79 with a two-year contract.

Otterbox said to be exploring buyout, Goldman Sachs rates worth at $2.5 billion

Family-owned iPhone case and accessory maker Otterbox, well-known for its more protective lines of cases designed to make mobile devices nearly impervious to trauma, is said to have hired Goldman Sachs to manage a possible sale. The company is said to have a number of potential buyers that are interested in the company, which was originally founded in 1998 -- far ahead of the invention of the iPhone and the accessory market for it that has become its best-known line of products. Goldman Sachs believes a sale could bring in as much as $2.5 billion, including debt -- an unusually high estimate of what is essentially a well-regarded accessories company whose fortunes are closely tied to other companies' products.
( Last edited by NewsPoster; Aug 27, 2014 at 09:11 AM. )
     
   
 
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Top
Privacy Policy
All times are GMT -4. The time now is 12:10 AM.
All contents of these forums © 1995-2017 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2017, Jelsoft Enterprises Ltd.,