“Verizon’s impending first-quarter launch of the Apple iPhone is impeding fourth-quarter sales of the telco’s current supply of phones,” Scott Moritz reports for TheStreet. “‘Upgrades at Verizon have been steadily declining in anticipation of the iPhone,’ said mobile industry strategist Michael Cote, of the Cote Collaborative. A lot of Verizon subscribers have been letting their contracts expire without replacing their phones, he said.”
MacDailyNews Take: As we predicted this past June.
Moritz continues, “And while this has been a big trend at Verizon, it’s been gaining steam across the industry. ‘There’s been an increasing percentage of people that are holding off on new phone purchases at other carriers also,’ Cote said. If Apple has its way, the iPhone will be available at all the major U.S. carriers — Sprint, T-Mobile, AT&T and Verizon — early next year.”
Read more in the full article here.
MacDailyNews Take: Uh, about that “all major U.S. carriers” thing: Analyst: Verizon iPhone ‘closer to reality’; Verizon may pay to keep iPhone off Sprint, T-Mobile. We’ll only know for sure if and when Apple makes the official announcement(s).