SAN FRANCISCO (MarketWatch) -- Apple Inc. will launch its popular iPhone with Verizon Wireless as early as January, according to a media report Tuesday, which cited unnamed sources as confirming that widely anticipated step.
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In a Bloomberg News report, two unnamed sources described as familiar with the plans were said to have confirmed that Apple (AAPL 256.20, +0.03, +0.01%) would expand iPhone domestic availability to Verizon (VZ 28.64, +0.02, +0.07%) early next year. The device has been available exclusively over AT&T's (T 24.44, -0.02, -0.08%) networks in the U.S. since its launch three years ago.
Wall Street analysts have widely expected a launch at Verizon at some point in 2011. Jeff Kvaal of Barclays Capital wrote in a research note Tuesday that the move would happen sometime in the first quarter.
"We believe the iPhone would be a plus for Verizon, but not a significant industry change, given the relative stickiness of smart-phone customers, as the primary source of Verizon iPhone [subscriptions] would be pent-up demand by existing Verizon [subscribers]," he wrote.
http://www.marketwatch.com/story/iphone-...?dist=afterbell
Built for speed?
It's iPhone 4 vs. iPhone 3GS in IGN test of response times.
In a Bloomberg News report, two unnamed sources described as familiar with the plans were said to have confirmed that Apple (AAPL 256.20, +0.03, +0.01%) would expand iPhone domestic availability to Verizon (VZ 28.64, +0.02, +0.07%) early next year. The device has been available exclusively over AT&T's (T 24.44, -0.02, -0.08%) networks in the U.S. since its launch three years ago.
Wall Street analysts have widely expected a launch at Verizon at some point in 2011. Jeff Kvaal of Barclays Capital wrote in a research note Tuesday that the move would happen sometime in the first quarter.
"We believe the iPhone would be a plus for Verizon, but not a significant industry change, given the relative stickiness of smart-phone customers, as the primary source of Verizon iPhone [subscriptions] would be pent-up demand by existing Verizon [subscribers]," he wrote.
http://www.marketwatch.com/story/iphone-...?dist=afterbell
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