It’s coming. And all you Verizon lemmings can’t wait!
Shareholders know it’s coming, too. Verizon rose 71 cents, or 2.3 percent, to $31.16 at 9:51 a.m. in New York Stock Exchange composite trading. The stock earlier added as much as 2.6 percent, the biggest intraday gain since Dec. 7. AT&T fell 24 cents, or 0.9 percent, to $26.27.
AT&T activated 3.1 million iPhones last quarter. Analysts state that the iPhone would boost new contracts by 3.5 million in the first 6 months of its Verizon release.
Apple and AT&T thus far have had a good relationship, and AT&T should be able to hold onto selling iPhones for a long, long time; albeit not exclusively. talk has been spread that CDMA (code division multiple access) iPhones will start being produces this September, and no longer will they remain GSM (global system for mobile communications) only.
I do have a theory, however, in regards to the shoddy service that I receive on my iPhone. I switched from Verizon to AT&T back in June when the iPhone 3G S was released. There were many others like me, both back in June of last year and when the iPhone 3G came out even earlier.My guess is that AT&T did not fully compensate for all the additional contracts, 3G bandwidth usage, etc.Cingular/AT&T used to have a pretty solid network, but with all the iPhones floating around, it’s hard to get reliable 3G in many metropolitan areas.
Now, once the iPhone is released to the world of Verizon (aka, good service), many people will jump from AT&T, thus no longer chewing up that network bandwidth. As such, the performance of downloads, surfing, etc shall become vastly better once there are fewer people using it. I feel as if Verizon will fall to a similar fate that AT&T did. As such, I FULLY support the iPhone going to Verizon. Go ahead, abandon AT&T, and give me fast 3G speeds again!