Verizon Finally Gets the iPhone

Filed under: Competitive Strategy, Google (GOOG), Apple Inc (AAPL), AT and T (T), Sprint Nextel Corp (S), Verizon Communications (VZ), iPhone

The battle among iPhone carriers is fierce. Apple's (AAPL) iPhone is the prized device. AT&T (T), Verizon's (VZ) rival, has had the an exclusive hold on the iPhone. Verizon has been trying to play catch up. Now that Verizon will have the iPhone, the playing field will change dramatically. Verizon, with about 93 million subscribers, could grab an estimated 10 million new subscribers with the iPhone, as reported by the Wall Street Journal.

The move is also a big boost for Apple. Apple has been feeling the pressure from Google (GOOG), with its Android system. Android phones passed the iPhone in sales in the second quarter. This move to Verizon will open up a new expanded base for Apple.

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Verizon Finally Gets the iPhone originally appeared on BloggingStocks on Sun, 09 Jan 2011 09:30:00 EST. Please see our terms for use of feeds.

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