“To secure rights to the iPhone Verizon appears to have made a purchase commitment from Apple for 2013 that is twice its 2012 sales,” Shaughnessy writes. “Two issues arise from Verizon’s plight, both of which give us an insight into the smartphone business and Apple’s near term future.”
Shaughnessy writes, “The first is, can Apple afford to continue this type of pressure? The second is that the Verizon problem is being interpreted as a result of falling iPhone sales. That could be an error.”
Read more in the full article here.
MacDailyNews Take: Anything that legally creates an impetus for carriers to provide their customers with the world’s best mobile devices is good news for Apple and bad news for peddlers of fake iPhones.
iPhone sales shortfall could leave Verizon owing Apple $14 billion – July 11, 2013