BofA says Starlink Mobile is a 3-way risk to Apple

BofA says SpaceX's Starlink Mobile is a three-way risk to Apple: it threatens the carrier subsidy model, a cheap Starlink phone could take share, and a third factor. BofA notes roughly 53 million iPhones a year go through the big three carriers with about $800 in promo credits each, which switchers would lose.

Detected & updated continuously · Source: Nebula