Verizon Will Sell Apple iPhone In February

NEW YORK (AP / WCBS 880 / CBS 2) – Verizon Wireless made the long-awaited announcement Tuesday that it will start selling a version of the iPhone 4 on Feb. 10, giving U.S. iPhone buyers a choice of carriers for the first time.

Analysis from WCBS 880 Dishin’ Digital producer Rob Hawley

Since its 2007 debut, Apple Inc.’s phone has been sold exclusively for AT&T’s network in the U.S.

Verizon Communications Inc.’s chief operating officer, Lowell McAdam, made the announcement in New York, joined by Apple COO Tim Cook, who called it “the beginning of a great relationship between Verizon and Apple.”

Pre-orders will start Feb. 3. The price will be $200 or $300 with a two-year contract, depending on the model, about the same as the iPhone through AT&T. It will be sold through Verizon, Apple and other stores nationwide, as well as over the Internet.

Apple issued its press release at 11:11 a.m. on Jan. 11, 2011, or 1/11/11.

AT&T activated 11.1 million iPhones in the first nine months of 2010. Analysts now expect Verizon to snag some users from AT&T, but the impact will likely be muted because most iPhone users have two-year contracts, and many are on family and employer plans. Verizon did not reveal its service pricing plans on Tuesday.

Verizon’s iPhone version will work only on the carrier’s current “3G” network even though the carrier has fired up a faster “4G” network in many cities. That super-fast wireless data network is available only to plug-in laptop modems for now, but Verizon will have smart phones for it this summer.

Cook said the first generation of “4G” phone chips would have forced some design compromises, which Apple wasn’t willing to make.

“Secondly and most importantly, Verizon customers have told us they want the iPhone now,” Cook said. “I can’t tell you the number of times I’ve been asked and my colleagues have been asked . When will the iPhone work on the Verizon network?”

Cook wouldn’t say if Verizon will get the iPhone 5 when it debuts this summer, if Apple follows its regular once-a-year upgrade schedule.

Verizon’s iPhone 4 has one feature AT&T’s does not: It can act as a portable Wi-Fi “hot spot,” connecting up to five laptops or other devices to Verizon’s 3G network through Wi-Fi. It’s a feature that’s been offered on other smart phones, usually for an added monthly fee.

The Verizon iPhone is the first one that works on so-called “CDMA” networks, a standard also employed by Sprint Nextel Corp. and carriers in China and South Korea. Cook said the phone wouldn’t be exclusive to Verizon, but he didn’t say what other carriers might get it. Analysts don’t expect Sprint to sell it.

Shares in Verizon Communications fell 84 cents, or 2.3 percent, to $35.08 in morning trading Tuesday. Apple shares lost 14 cents to $342.32.

(Copyright 2011 by The Associated Press.  All Rights Reserved.)

  • Mr. T

    AT&T fanboys who keep mentioning about using the phone and surfing the net at the same time? really?? lmao… you’re just so important you have to do all of that at once, give me a break. ps. none of this sht even matters once VZW 4GLTE phones come out next mth.. whats your defense now then?? just admit it.. AT&T is FCK’d.. you dont have exclusivity to the top selling device, and your network is best known for DROPPED SERVICE. have a nice day

  • BF

    I feel sorry for Verizon customers. The Iphone is a hog for band width and now you all will have to suffer because morans want a second rate phone.

  • charlie

    stop making those fat cats rich.
    all of u guys are over paying.

  • a. smith

    I cna’t wait until the iphone crashes verizon’s network. ITs gonna happen!!!

  • Daveloper80

    “You also can’t talk and surf at the same time with Verizon 3G phones.”

    This is False!!! I have a droid X from Verizon and I can talk on the phone and surf the web at the same time. I do it all the time when I need to look up a phone # for someone.

    • Nick

      LOL. I love this.

      A clueless dolt calls himself “CSI”.

      A self centered slimeball calls himself “The Good Samaritan”

      And now, an idiot who is computer illiterate calls himself “Developer”.

      What a hoot!

    • Ron

      Technically you can surf the web while on a phone call, but only if you’re connected to a WiFi network first. CDMA doesn’t allow for simultaneous voice and data transmissions.

    • a. smith

      you idiot you cant check data while on the phone, of course you cant look up someones number. boy you don’t know anything about these 2 companies.

  • DanTe

    And what happens when the same slow performance occurs on the Verizon network? The iSheep will just blame Verizon, like they blame AT&T. The Great Fuhrer Jobs is all loved.

    MacT ARDS

    • Steve M.

      Feel free to develop your own DT-phone

      • Nick

        You mean like the Androids? duh

  • Chris25

    About time

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