Leap shares down on concerns about iPhone subsidies – CNBC

June 1, 2012 Posted By: Leave a comment
Leap said it will sell the 16 GB iPhone 4S for $499.99, compared with its rivals' $199.99 price tag. Leap will also sell the older 8 GB iPhone 4 model for $399.99. Leap customers, however, will pay smaller monthly service fees and will not need to sign contracts.
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