Piper Jaffray analyst Gene Munster believes “that Apple’s exclusive agreement with AT&T has limited demand for the device. We expect Apple to correct this issue by the end of [the first half of 2011] and add Verizon to the list of carriers that sell the iPhone in the US,” Phillip Elmer-Dewitt reports for Fortune. “Munster points out that the U.S. is the only remaining country of the 89 countries in which the iPhone is sold that involves an exclusive agreement. (Some countries, such as China, have only one carrier, but those deals are not exclusive.)”
“According to Munster, the fact that only AT&T carries the iPhone — and Verizon still doesn’t — is the only reason Google Android phones are outselling iPhones in the U.S: ‘As an example, in countries where the iPhone is available on multiple carriers and competes with Android, we see the iPhone outselling Android. The greatest factor in the success of Android has been Verizon. Customers are loyal to their carrier, and once Verizon gets the iPhone, we believe Android’s success in the US will be tested.'”
Full article here.
MacDailyNews Take: We welcome all AAPL analysts to party, however late they may be.
Droid does sit on shelves while Verizon Wireless customers wait for The Real Thing. – MacDailyNews, June 29, 2010
[Attribution: MacNN. Thanks to MacDailyNews Readers “Joe Architect” and “iWill” for the heads up.]