Fortune "Confirms" Verizon iPhone
October 29, 2010
First it was The Wall Street Journal. Then The New York Times. Now, Fortune has "confirmed" a Verizon iPhone that will arrive in "early 2011."
In simple language the article states: "Fortune has confirmed that a Verizon iPhone will be released in early 2011."
Fortune also says:
Verizon executives say they passed on an opportunity to be the exclusive network for the phone back in 2005 largely because they felt that Apple and CEO Steve Jobs wanted too much control over how and where the devices would be sold -- and too big a cut of the monthly service fees. Verizon didn't want to give up maintenance of its devices or its relationship with its customers, and it sought to distribute the phone through multiple retail partners. So Apple went with AT&T, of course, and conversations between Apple and Verizon about a phone essentially ceased for two years.If Apple does indeed announce a Verizon iPhone, it will probably be the worst kept secret of the year. Still, it will make huge news and open Apple's top selling device to Verizon's CDMA network.
