Verizon Likely to Sell IPhone in 2011, Barclays Says
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Verizon Wireless, the biggest U.S. mobile-phone carrier, will probably begin selling Apple Inc.’s iPhone in early 2011, Barclays Plc said.
Sales of Apple’s device could boost Verizon’s subscriber gains next year by 900,000 for a total of 2.8 million, said James Ratcliffe, a Barclays analyst, in a research note today. He cut Verizon’s profit forecast for next year because of the handset subsidies the company would use to lure customers.