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Wall Street abuzz with more Verizon iPhone talk

This article contains unofficial information.

Wall Street abuzz with more Verizon iPhone talk
Two more pencil pushing, calculator button pressing, pocket protector wearing Wall Street analysts are telling clients to expect a Verizon branded iPhone soon. Both expect that such an occurrence would lead to an additional 8-9 million iPhones sold next year. First up is Ben Reitzes of Barclays Capital who says that a iPhone for Big Red could come in Q1 of 2011. His "checks" show that production of a CDMA variant of Apple's touchscreen device would start in the fourth quarter of this year and he expects Verizon to sell 9 million units in 2011. Reitzes also says that the CDMA iPhone will see action in Asia as well. Scott Craig of Bank of America/Merrill Lynch notes that Apple has had positive results from its move to non-exclusivity for the iPhone in the U.K., Canada, Singapore and Ireland. Craig see Apple selling 43.5 million units in 2011 during Fiscal year 2011, with another 8 million to be added if Verizon gets the handset. The analyst sees Apple's success with multiple carriers overseas as motivation for bringing Verizon to the table with the Cupertino based firm.

This is a story that just refuses to die because it seems to make so much sense. Wall Street analysts look at the bottom line and they see how much financial sense it would be for Apple to widen distribution of the iPhone in the U.S. The manufacturer stands to benefit the most from such a plan, while Verizon would also benefit by selling the device-albeit to a lesser degree than Apple. Both analysts use this line of thinking as a way to maintain "Buy" ratings on Apple stock.

Apple iPhone 4 Preliminary Specifications

source: Barron's

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posted on 20 Oct 2010, 01:47

1. jskrenes (Posts: 209; Member since: 11 Dec 2008)

It doesn't die because you keep reposting it.

posted on 23 Jun 2010, 07:54

2. ajac09 (Posts: 1482; Member since: 30 Sep 2009)


posted on 23 Jun 2010, 08:07

3. lookitdisguy (Posts: 32; Member since: 09 Dec 2009)

I wish I could be a wall street analyst cause it seems like they just make stuff up with no real proof at all.. It's all gut feelings... Anyone can do that...

posted on 23 Jun 2010, 11:52

15. Jojofromdabay (Posts: 39; Member since: 06 Apr 2010)

Well first of All you have to remember wall street has more access to news then regular people in the world . Now yes they keep mentioning a verizon iphone an just because it didn't happen at wwdc everyone believes it wont happen. Now logically speaking yes at&t still has the exclusivity to the iphone however the contract can be broken at any time apple doesn't need at&t , at&t needs apple. So yes the iphone will be coming to verizon and many other carriers real soon dont be surprised if it even launches on t-mobile..

posted on 23 Jun 2010, 15:31

26. Ziggyfied (Posts: 2; Member since: 23 Jun 2010)

Kinda like this website and Iphone news!

posted on 23 Jun 2010, 08:59

4. shadesesco (Posts: 4; Member since: 23 Jun 2010)

if it were truly about the bottom line then they'd go ahead and drop the cdma iCrap so at&t and verizon can continue giving us delightful commercials going at each other and then drop a REAL 4G iPhone w/ Sprint and sit back and take Walmarts place as future world dominator... i swear if i hear one more iPhone to Verizon or anywhere else without legitimate proof i'll have to start taking hostages. its gotten way passed annoying. the phone is cool i'll admit that but d*mn get a grip.

posted on 23 Jun 2010, 09:39

7. videobandit (Posts: 26; Member since: 17 Jun 2009)

Ummm ... they would still need to make a CDMA iPhone if they made a 4G iPhone for Sprint. Sprint's voice network is still CDMA.

posted on 23 Jun 2010, 12:08

20. shadesesco (Posts: 4; Member since: 23 Jun 2010)

allow me to correct myself - a SECOND CDMA phone that runs on 4G rather than just a CDMA version of the 3G (my bad for not being clear)

posted on 23 Jun 2010, 09:24

5. JeffdaBeat (unregistered)

Seriously, I want these guys' jobs. Like where do they get their sources...or do they get sources at all? Do they just say, "Hey, we see Verizon getting it because Apple would make more money...yeah!...It's gotta be true!" Analysts have been saying Verizon would get the iPhone for years...nothing yet.

posted on 23 Jun 2010, 09:31

6. artz1986 (Posts: 453; Member since: 11 Mar 2009)

Wall Street needs to shut the fuck up...fin

posted on 23 Jun 2010, 09:40

8. dc296gsr (Posts: 17; Member since: 20 Nov 2009)

they are hoping that if they say it enough, that it will happen, cause they hate att service on their iphones

posted on 23 Jun 2010, 10:18

9. matistight (Posts: 566; Member since: 13 May 2009)

What's worse than an iPhone on AT&T is Verizon iPhone. T-Mobile (US) iPhone for the win! Technically, iPhone isn't AT&T because there is no branding on the phone itself. Go in safari and hit bookmarks. No AT&T website. And AT&T didn't make it iPhone friendly. The only AT&T branding on this phone is the fact that it works on AT&T(US) unless unlocked and in phone settings it says AT&T services. That's it. Technically it isn't branding at all because the iPhone has many carrier logos built into the phone.

posted on 23 Jun 2010, 10:41

11. cc16177 (Posts: 312; Member since: 09 May 2010)


posted on 23 Jun 2010, 18:58

27. theGodpapa (Posts: 181; Member since: 15 Dec 2009)

that may be the dumbest comment I ever read on here. Seriously. matistight that was illogical and may have just made me dumber for reading it.

posted on 23 Jun 2010, 10:37

10. testman22 (Posts: 339; Member since: 03 Nov 2009)

Just because something makes economical and financial "sense" doesn't mean it is going to happen. Companies sometimes have the foresight (or lack of it) to release or not release a product. Just about every decision microsoft has made in its mobile department in the last 5 years hasnt made sense- but it doesnt stop them from doing it.

posted on 23 Jun 2010, 10:54

12. KingOfPhones (Posts: 41; Member since: 04 May 2008)

I don't believe any of this crap they are putting out anymore...every prediction they have made has been way off. Just give it a break, no one is going to believe you after the fifteenth story about the verizon iphone is false. Get some REAL proof, legit that people can believe.

posted on 23 Jun 2010, 11:58

18. Jojofromdabay (Posts: 39; Member since: 06 Apr 2010)

there is proof open your eyes everything that is a rumor has a little bit of truth the only truth we know now is that a cdma iphone has already been made forget the fact of mass production in september keeps coming up the phone is already done. Now sprint or verizon? you be the judge.

posted on 23 Jun 2010, 11:22

13. MarcMaiden (Posts: 25; Member since: 24 Nov 2009)

the ONLY time Verizon can EVER get the Iphone is when Verizon flips the switch for their LTE network. why? because thats the exact same network AT&T will be on as well, meaning the phone should work on Verizon. Why does Apple choose AT&T? because believe it or not, AT&T is the only network that can handle the bandwidth. If verizon got the Iphone on their CDMA network, it would have a complete melt down. These are just facts. When a company looks for a network to do heavy bandwidth type stuff, they turn to AT&T. For example, American Idol uses the AT&T network to get those 17 million text votes in. Its just how it is.

posted on 23 Jun 2010, 11:38

14. networkdood (Posts: 6330; Member since: 31 Mar 2010)

True, once VERIZON switched to LTE, though, they will get a lot more business as they have more spectrum than AT&T.

posted on 23 Jun 2010, 11:53

16. underwood2012 (Posts: 54; Member since: 12 Sep 2009)

Ha! 17 million texts. Woo. Those things send within a matter of seconds. Not a lot of bandwidth used up there, buddy. Act like Verizon, Sprint and T-Mobile users don't send that many texts in a day. And, FYI, American Idol only allows AT&T customers to vote because AT&T sponsors the show - so don't get too excited. If T-Mobile (or Sprint, or Verizon for that matter) sponsored it, they probably would only let their customers vote. Plus, AT&T's network is falling apart in all the major cities, and the reason they haven't spread their 3G farther is because they have had to do so much work on their network to keep up with the iPhone's usage of data. But I will give AT&T and Apple some props, They have an amazing phone. I'd love to have it, but on Sprint. And also I give AT&T props for not letting their network completely fail. (Besides, there EDGE is fast enough for most people) Oh, and about what would happen if Verizon got the iPhone. Their network wouldn't have a meltdown. They could probably handle it just as well as AT&T (if not better). I'm not saying their network wouldn't suffer, it would, but it wouldn't fail. As for Sprint and T-Mobile; Sprint could possibly handle it just as well as Verizon. But T-Mobile, they would be fucked. (And for you Cricket, Metro PCS, US Cellular, and Revol people: Haha, Dream on. Those networks don't stand a chance.)

posted on 23 Jun 2010, 11:53

17. Jojofromdabay (Posts: 39; Member since: 06 Apr 2010)

LTE for verizon will still be cdma folks come on think people.

posted on 23 Jun 2010, 15:26

25. phonedemocracy (Posts: 98; Member since: 30 Sep 2009)

CDMA > GSM in terms of bandwith and strain. And I can flip this around in your face, Jack Bauer uses Sprint in New York because he can't get an AT&T signal. I swear last season Chloe pulled out a sprint 4g mifi device to hack out of CTU or something. So that proves when you absolutely need to get the job done and defeat the terrorists, Sprint is the way to go. PS: As underwood says, ATT sponsors American Idol, just like Sprint sponsored 24 last season.

posted on 24 Jun 2010, 14:54

29. idiotwind13 (Posts: 80; Member since: 29 Dec 2008)

Try again. LTE is a SIM based technology, i.e. GSM.

posted on 23 Jun 2010, 12:06

19. upublications (Posts: 2; Member since: 23 Jun 2010)

Wall Street is about to be abuzz with my foot up their ass.

posted on 23 Jun 2010, 12:33

21. Jeradiah3 (Posts: 1121; Member since: 11 Feb 2010)

what difference does it make, its just a phone. apple should have let ALL of the carriers carry the i-phone years ago so we wouldnt hear these BS stories about where the i-phone could go to next.

posted on 23 Jun 2010, 13:16

22. networkdood (Posts: 6330; Member since: 31 Mar 2010)

These wall street anaylsts are the same ones who brought down the housing market due to mere speculation. Verizon will get the iphone in 2012 - and it will be an LTE device (which is still 3.9 3G by 3GPP standards). The court documents revealed a 5-yr contract between apple and at&t ....

posted on 23 Jun 2010, 13:34

23. johnanth022583 (Posts: 6; Member since: 23 Jun 2010)

This reminds me of the plot to "Green Zone". Instead of WMDs we have the iPhone.With false sourses and the media wanting it to be true i see a sequel in the near future. lol

posted on 23 Jun 2010, 14:06

24. johnanth022583 (Posts: 6; Member since: 23 Jun 2010)

the CDMA iPhone has been sited in a small cave in Afghanistan with Osama

posted on 23 Jun 2010, 19:02

28. theGodpapa (Posts: 181; Member since: 15 Dec 2009)


posted on 24 Jun 2010, 18:41

30. jherz6 (Posts: 217; Member since: 23 May 2008)

Who cares if VZW gets the iphone or not. AT&T according to this website has bot released a new phone since 2008. So this means they have been living off the iphone, and they will be willing to do just about anything to keep there exclusivity. However lets talk about the 4g iphone. I like everyone else have heard all the rumors about VZW getting the iphone, and the one that makes the most sense to me is that Apple didnt want to go thru the expense of making a cdma version, so Apple would wait until VZW made the jump to 4g in early 2011. Now earlier this month I was talking to a tech rep from VZW he confirmed this, that when VZW makes the jump to 4g the iphone will work with there network. Now weather this happens or not is not a big deal to me, I currently have a droid, and the WOW factor would really have to be there in order for me to get the iphone. It will never be there for me to switch to AT&T.

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