New York – Verizon Wireless (NYSE: VZ) is expected to announce a deal
tomorrow to begin selling Apple’s (NASD: AAPL) iPhone later this month, The Wall Street
Journal reported, citing sources. Notably, Verizon has invited reporters to a
press event in New York on Tuesday.
Analysts estimate Verizon could sell 9-12
million iPhones this year; AT&T sold an estimated 14.5 million iPhones in
2010.
“There’s probably around 17 million subscribers on AT&T that use
the iPhone cumulatively — I think over time Verizon could be even bigger than
that,” Gleacher & Co. analyst Brian Marshall, who projects Verizon
will sell 12 million iPhones this year, told The Journal.
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(WSJ)
