Verizon iPhone to be Announced by Valentine’s Day? - iPhoneHeat

Verizon iPhone to be Announced by Valentine’s Day?

Apple is expected to Verizon iPhone by Valentine’s day, according to BusinessWeek. The report speculates that Apple will be holding a special event some time after CES 2010 to announce the new partnership with Verizon.

“Apple’s introduction of an iPhone for use on Verizon’s network will come sometime after the Consumer Electronics Show in Las Vegas in early January, according to a person familiar with Apple’s plans who is not authorized to discuss them publicly.” states the BusinessWeek report.

The report speculates that the blow to AT&T may not be as bad as suggested, mainly because of the hassle of switching carriers and high early contract termination fees.

“Still, even if AT&T loses more than twice as many customers as Hodulik projects, the carrier will not suffer a fatal blow. If 6 million of its customers defect, the $6 billion in lost annual revenue would amount to about 10 percent of AT&T’s wireless sales in 2011, according to UBS projections. The $6 billion would be 4.8 percent of its total projected sales of $126 billion in 2011.” via [MacRumors]

We shall update you as soon as we know more about the Verizon iPhone. Stay Tuned!

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