Subsidies
3G iPhone Subsidies confirmed?
The Financial Times runs a report that the new iPhone is set to be sold at much lower prices, because Apple allows carriers to give subsidies on the iPhone.
Rumors of iPhone subsidies appeared in April. The FT makes it look as it is sure.
The FT also argues that Apple needs to make this step because of the global downturn.
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Posted on Sun, 8 Jun 2008 01:40:00 CDT | by Luigi Lugmayr
Nokia astonished by intention of NRW to attempt to recall Subsidies
Nokia issued a statement in response to the North Rhine-Westphalia (NRW) plan to attempt to recall subsidies given to the company back in 1999 for the Bochum plant the company is closing.
Nokia says that they not only fulfilled the conditions of the agreement, it exceeded them. Since 1999 Nokia has invested more than 350 million euros in the Bochum site, well above the amount stipulated in the agreement. Since 1999, Nokia received subsidies via NRW Bank totaling 41.3 million euros. Thus, Nokia's investments in the factory clearly exceeded the sum it received from the state.
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Posted on Wed, 6 Feb 2008 07:46:51 CST | by Luigi Lugmayr
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