Jan 12, 2011

The iPhone May Prove a Costly Prize for Verizon

http://hothardware.com/News/The-iPhone-May-Prove-a-Costly-Prize-for-Verizon/
Nearly four years of pent-up demand by users who wanted a Verizon iPhone means Verizon is bound to sell millions of the devices. That success may not exactly be a good thing for Verizon, at least short-term: the subsidies involved may be so high as to cut significantly into Verizon's profits. According to a Bloomberg report, Verizon may spend...
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