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Verizon iPhone Release Confirmed, Fortune Reports: Inside The Verizon-Apple Deal

Discussion in 'Wireless News' started by ComicalMoodyDan, Oct 29, 2010.

  1. ComicalMoodyDan

    ComicalMoodyDan Gold Senior Member
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    Verizon iPhone Release Confirmed, Fortune Reports: Inside The Verizon-Apple Deal
    The Huffington Post | Bianca Bosker First Posted: 10-29-10 09:54 AM
    Updated: 10-29-10 10:53 AM

    In a piece on Verizon's "dream phone," Fortune's Sarah Ellison writes that Fortune has "confirmed that a Verizon iPhone will be released in early 2011."

    Fortune describes why Verizon initially declined to carry the iPhone, then later reconsidered:

    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.

    Yet Apple also had concerns. The company "was wary of building a device for Verizon's CDMA network because it didn't use technology that allowed a phone to seamlessly operate around the world, as AT&T's network does," Ellison writes.

    Fortune reports that Verizon President and CEO Lowell McAdam told Steve Jobs in December 2007 that despite being unable to reach an agreement before, it was worth reconsidering their arrangement. McAdam told Fortune that Jobs answered, "Yeah, you're probably right. We have missed something."

    The Wall Street Journal reported earlier this month that Apple has plans to produce a version of the iPhone that will be compatible with the Verizon network later this year. This would enable Verizon to sell the smartphone in early 2011.

    Jobs noted during a press conference held earlier this year in response to the "antennagate" uproar that Apple had Verizon cell sites on its campus, hinting that the company may be testing the iPhone on Verizon's network.

    Verizon iPhone Release Confirmed, Fortune Reports: Inside The Verizon-Apple Deal
     
  2. Yankees368

    Yankees368 Compulsive Signal Checker
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    Can we make a rule that bans the posting of this type of article? This stupid article doesn't even attempt to say what the source of information is! I can confirm that AT&T will cease operations tomorrow, and write it in what used to be a respectable publication, but that doesn't make it true.

    :censored: :pissed: :banghead:
     
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  3. ComicalMoodyDan

    ComicalMoodyDan Gold Senior Member
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    Actually the article does state the sources. They are two high level corp employees from Verizon. So this is not a rumor, it's pretty much at the fact stage now. Although I don't think the article made it as clear as the PC World one which can be found below. By the way several articles on the net are not posting them in the rumors section since the Chief Executive made some of these comments its being mostly reported as a fact now.



    Verizon iPhone: Apple's Worst Kept Secret - PCWorld
     
  4. sprke81

    sprke81 New Member

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    I don't see anything wrong with posting it even if its just a rumor. That's what forums are for, to discuss things just like this.
     
  5. Yankees368

    Yankees368 Compulsive Signal Checker
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    I know, I know. I just keep reading these articles all over the place, and they contain nothing more that pure speculation and fact stretching.
     
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