Is Magic Jack a real deal or is there more to the story?”
There is some skepticism about how long the service will be priced as it is, or even how many customers Magic Jack really has. The article below asks some very good questions: Making sense of Magic Jack’s math Feb 2, 2009 11:04 AM, By Carol Wilson Wireless substitution may be a lot less prevalent than many believe, if the Magic Jack voice-over-IP (VoIP) service is actually succeeding as its founder claims, said Bernstein Research analyst Craig Moffett. Moffett, known for diving into data and making sense of the numbers, has been focused on the residential access line loss numbers of AT&T and Verizon but last week turned his attention to Magic Jack, the consumer VoIP product sold through late-night infomercials. (See what Magic Jack founder Dan Borislow had to say about Moffett’s reports) In his report, Moffett cited published reports of Borislow’s contention at the recent Consumer Electronics Show that his company has sold 2 million units during its first 11 months and is now selling a
