iPhone.com sold to Apple for over a Million $$$

[woeger]

iPhone.com has just been sold to Apple, who desperately wanted it to promote the new iPhone brand/model. This is being reported in several articles, but the one where they confirm the sale with the previous owner is linked to below. The article reports a seven figure (million $ plus) sale price paid by Apple! The domain now redirects to Apple's servers and uses Apple's DNS.

http://blog.domaintools.com/2007/07/iphone-now-owned-by-apple/

Update: Mac/Apple news sites are starting to pick up on this iPhone.com domain sale:
http://www.appleinsider.com/article...phone_com_for_seven_figure_sum____report.html

http://www.macnn.com/articles/07/07/03/apple.owns.iphonecom/

 

[Focus]

That was a big no brainer...he would have made more money though from the traffic I think! (which they could do nothing about as it existed waaaay before their phone) problem was, all the visitors were seeing competition cellphone ads! That is one lucky domain owner!

 

[woeger]

Smart move selling IMO. Steve Jobs should now be happy.

 

[Vision]

iPhone.com has just been sold to Apple, who desperately wanted it to promote the new iPhone brand/model. This is being reported in several articles, but the one where they confirm the sale with the previous owner is linked to below. The article reports a seven figure (million $ plus) sale price paid by Apple! The domain now redirects to Apple's servers and uses Apple's DNS.

http://blog.domaintools.com/2007/07/iphone-now-owned-by-apple/

Update: Mac/Apple news sites are starting to pick up on this iPhone.com domain sale:
http://www.appleinsider.com/article...phone_com_for_seven_figure_sum____report.html

http://www.macnn.com/articles/07/07/03/apple.owns.iphonecom/

Since Apple acquired iPhone.com for seven figures....

what is the appraised value of wwwiPhone.com? (Evidently, Estibot puts wwwiPhone.com at $60,000)

I betcha the wwwiPhone.com parked page generates alot of good traffic.

Thanks for your feedback.

Michael

 

[scrsteven]

nothing

 

[Dale Hubbard]

If he gave it up for anything less than $5m without serious negotiation, he's a nut. Should have made $2.5m at least or sat on it.

 

[dn-101]

$37.5 m selling price

 

[Dale Hubbard]

$37.5 million? Source?

 

[dn-101]

iphone

http://www.idnforums.com/forums/11984-sale-of-iphone-com.html

 

[Dale Hubbard]

iphone

http://www.idnforums.com/forums/11984-sale-of-iphone-com.html

All looks very speculative. Apple would not have paid that type of money for the domain. It would have involved some cash and more importantly, at no real cost to Apple, some stock and options.

 

[dn-101]

The name has likely cost apple well over 37 million for the right to use Cisco's trademark, more like $100 million:
Quote:
Both companies acknowledge the trademark ownership rights that have been granted, and each side will dismiss any pending actions regarding the trademark. In addition, Cisco and Apple will explore opportunities for interoperability in the areas of security, and consumer and enterprise communications. Other terms of the agreement are confidential.
(joint PR with Cisco Systems)

 

[Dale Hubbard]

Yes, it might have "cost" Apple a similar sum. But I'll eat my trousers if there's no stock deal involved. For Apple to issue more stock to value the deal at $50 million, no stockholders will be bothered by a very insignificant dilution whereby Apple gets that domain.

 

[dn-101]

Apple is sitting pretty on a $1.5 B surplus

Go eat your pants

 

[Dale Hubbard]

Meaning? Have you *any* idea how public corporates work?

 

[Focus]

what complete idiots the more I think about it.....they should have bought this domain a loooooooooong time before the rollout for ALOT less money..whoever is in charge of brand indentity and marketing should be drawn & quatered!

 

[dn-101]

sure,
public company, say, apple, makes tons of money.
And steve jobs gets it all.

Pantalones, señor

 

[Domainmaster]

sure,
public company, say, apple, makes tons of money.
And steve jobs gets it all.

Pantalones, señor

I'm sure that Jobs gets a lot of the loot but not all of it.

Besides he deserves the hefty sum he gets. Let's not forget he did kind of bring the company back from the brink, and was the founder.

 

[groundctrl]

Smart move selling IMO. Steve Jobs should now be happy.

Steve Jobs is never happy. :lol:

 

[Focus]

Steve Jobs = Good People

 

[HomerJ]

i hear his annual salary is $1/year.