Ebay's (EBAY) Skype to Launch Apple (AAPL) iPhone Software
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Price: $109.28 +0.90%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +11.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +11.1%
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EBay Inc.'s (Nasdaq: EBAY) Skype unit plans to release a version of its Internet-based phone software for Apple's (Nasdaq: AAPL) iPhone, according to the WSJ.
The move, set to be announced tomorrow, puts Skype more directly in competition for wireless voice services with network operators such as AT&T (NYSE: T) and Verizon Wireless (NYSE: VZ).
Skype's software will allow iPhone users to call other Skype users on computers or supported cellphones free if they are in a Wi-Fi hot spot. Or they may call land lines for a fee, typically 2.1 cents a minute.
Skype uses VOIP, which treats calls as data like email messages or Web pages and routes them over the Internet, rather than a traditional phone network.
Skype's move into cellphone communications could threaten the business models of wireless carriers, which generate most of their revenue from cellphone calling plans.
The move, set to be announced tomorrow, puts Skype more directly in competition for wireless voice services with network operators such as AT&T (NYSE: T) and Verizon Wireless (NYSE: VZ).
Skype's software will allow iPhone users to call other Skype users on computers or supported cellphones free if they are in a Wi-Fi hot spot. Or they may call land lines for a fee, typically 2.1 cents a minute.
Skype uses VOIP, which treats calls as data like email messages or Web pages and routes them over the Internet, rather than a traditional phone network.
Skype's move into cellphone communications could threaten the business models of wireless carriers, which generate most of their revenue from cellphone calling plans.
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