Businessweek: Verizon iPhone to be announced by Valentine’s Day
According to a report from Bloomberg Businessweek on Wednesday, Apple will hold a special event by Valentine’s Day to introduce a new iPhone compatible with the Verizon Wireless network. The report mirrors one of two theories posed by BGR Editor-in-Chief Jonathan Geller earlier this month. Businessweek goes on to suggest that while the launch of an iPhone for Verizon Wireless could have a sizable impact on AT&T’s business, it will not be the “death blow” many have speculated. Even if AT&T loses as many as 6 million subscribers as a result of Verizon’s iPhone launch, Businessweek postulates, the lost revenue will only amount to 4.8% of the carrier’s projected 2011 sales.
Zach Epstein
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
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