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Apple Deal Bites Into AT&T

Stock quotes in this article: AAPL , T , VZ , QCOM  

The coming release of Apple's (AAPL Quote) iPhone will give the tech titan more than a toe in the mobile phone market, according to one observer.

The hotly anticipated iPod-inspired cell phone also will give Apple a nice handle on a partner's pocketbook, a Wall Street analyst Analyst said Tuesday.

The iPhone, due out from Apple in June, commands enough potential sales leverage that AT&T (T Quote) is willing to share some of the proceeds, says American Technology Research analyst Shaw Wu, in a note Tuesday. ...

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