iPhone helps boost Softbank profit 41% in Q3 | iLounge News

News

iPhone helps boost Softbank profit 41% in Q3

Softbank has reported a fiscal third quarter net profit jump of 41%, thanks in part to strong sales of the iPhone and related services, according to a Wall Street Journal report. Japan’s third-largest carrier by subscribers, Softbank said net profit for the December quarter was 24.1 billion yen (roughly $265.9 million), up from 17.1 billion yen in the year-ago quarter. “When we launched the iPhone [in the summer of 2008], some people said those phones were not suited for Japanese cellphone users,” said Softbank CEO Masayoshi Son at a news conference. “But those [skeptics] have been proven completely wrong ... The iPhone is selling so well that we are really feeling the boost from it.” Mr. Son declined to say how many iPhones Softbank had sold, but said Apple’s handset was “the biggest contributor to third-quarter handset sales,” and “a major contributor to growth in data communication revenue.”

« iLounge announces Uncommon Custom Case Giveaway

Newsstand changes name to NewsRack »

Related Stories

Comments

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this channel entry.
Sign up for the iLounge Weekly Newsletter

Email:

Recent News

Recent Reviews

Recent Articles

Sign up for the iLounge Weekly Newsletter

Email:

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2014 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy