Tuesday, January 11, 2011

A Verizon iPhone: The Bad News--And Why You Should Wait To Upgrade

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Verizon Wireless would seem to be a big winner now that it will start selling the iPhone and break Apple Inc.'s monogamous relationship with AT&T Inc. in the U.S.But for several reasons, the iPhone's arrival to Verizon is poorly timed, and Verizon's gains won't be as clear-cut as one might think.There's no doubt a Verizon iPhone will attract millions of buyers, and it will give the country's largest wireless carrier a chance to catch up with AT&T in attracting high-paying smart-phone customers.
Since the iPhone's debut in 2007, AT&T has been its exclusive distributor in the U.S. Many people held off on getting one because they already had service with a carrier they liked or were apprehensive about congestion on AT&T's network, particularly in New York and San Francisco.
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