iPhone 4 users switching to Verizon not more than AT&T expected
Analysts at Wells Fargo initially projected 225,000 AT&T iPhone 4 users jumping over to Verizon within the first quarter of 2011, but their estimates have gradually gone down to 150,000, which to them now is a more likely figure. Ralph de la Vega further explained, that it is still early to tell how much subscribers AT&T will lose, as the situation remains “volatile.” Unfortunately, no details were given regarding the number of Verizon subscribers after the introduction of the iPhone 4 for the carrier earlier in February. It was suggested that some AT&T customers may be simply waiting for their contracts to expire before they grab a Verizon iPhone 4 instead.
source: The Wall Street Journal via Boy Genius Report