Apple's iPhone will unveil on Verizon in early parts of the year 2011, predicts Barclays Capital analyst, James Ratcliffe, which is based on channel checks by the firm's communications tools and semiconductor research associates.
The iPhone would be a benefit for Verizon, but not a seismic industry transformation, given the relative stickiness of smartphone customers, Ratcliffe wrote in his memo, which was circulated to the firm's patrons. The primary source of Verizon iPhone subscribers would be unexpressed demand by on hand Verizon subscribers.
On account of that, the number of postpaid Verizon subscribers would only boost by 900,000 in the year 2011, Ratcliffe makes predictions, even as Verizon activates some 9 million new iPhones by the concluding parts of that year.
Ratcliffe forecasts that between 500,000 and 1 million AT&T clientele, who if would be dissatisfied with their carrier service, could jump with their iPhones onto Verizon's network.
He as well is of the thought that an early Verizon iPhone will not be Long Term Evolution 4G capable, regardless of Verizon's ongoing development of the faster standard for its networks.
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