The case for dumping iPhone, or at least threatening to do so in order to renegotiate Apple's subsidy requirement away, seems pretty open and shut. Apple has things all its own way right now — skimming the lion's share of the profits off the carriers' business without having to shoulder their risks. But this is an unstable situation, because the carriers' investors won't tolerate it indefinitely. What happens when they revolt?

The Smartphone Wars: The market share scramble and Apple's long con in Armed and Dangerous (8 February 2012)