Financial Times FT.com

Apple secures Europe iPhone revenue deals

By Astrid Maier in Hamburg and Volker Müller in Munich

Published: August 22 2007 03:00 | Last updated: August 22 2007 03:00

Apple has succeeded in committing European mobile phone operators that want to sell exclusively its new iPhone to share some of their revenues with the US computer maker.

Contracts between Apple and three mobile operators require them to hand over 10 per cent of iPhone revenues derived from phone calls and data functions to the US computer group, people familiar with the situation have told FT Deutschland, the Financial Times' sister paper.

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