Investing.com -- Starlink Mobile could challenge Apple's (NASDAQ) iPhone sales model by disrupting US carrier subsidies, although the near-term earnings impact appears limited, according to Bank of America. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » In an October 12 research note, analysts led by Wamsi Mohan examined how SpaceX's expansion into mobile connectivity could affect Apple's pricing power and premium smartphone sales. SpaceX recently agreed to acquire Grain Management's nationwide 800 MHz spectrum portfolio, complementing approximately $17 billion in spectrum purchases from EchoStar.
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