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Verizon Press Conference

January 11, 2011 by USA Post 

Verizon Press Conference, (The Orlando Sentinel – McClatchy-Tribune Information Services via COMTEX) – Verizon Wireless will offer the Apple iPhone in stores early next month.
The announcement was made this morning during a highly anticipated press conference in New York.
This completes AT & T exclusive custody of the iPhone – much the phone company has had since 2007.
The iPhone will cost Verizon and 199 for 16 GB and 299 GB for 32 with a two-year contract.
“Today we work in partnership with industry giant, and it’s Apple,” Lowell McAdam, Verizon Chief Operating Officer and President, said at the announcement.
Starting February 3, current customers of Verizon can pre-order the iPhone. February 10, everyone will be able to order the iPhone online and in stores.
It will be almost the same characteristics as the current iPhone, 4 including FaceTime cat video and high-resolution display Retina.
According to CNET, a survey showed that about 23 percent of AT & T customers with the iPhone can switch to Verizon once the smartphone is released. Some say that AT & T $ take a hit but not a big hit now that Verizon has the iPhone, too.
It will work on Verizon’s CDMA network, which means that users cannot multi-task. For example, if a user receives a call while using the data – the data stops.
A major difference between AT & T iPhone and the Verizon version of the iPhone is that Verizon will have a personal Wi-Fi hotspot that can support up to five devices.
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Source: http://www.tradingmarkets.com/news/stock-alert/vz_verizon-finally-offers-iphone4-1416061.html

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