Wednesday, August 7, 2013
AT Ts lock Verizon iPhone Hits Store Shelves
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| AT&T Technology |
Verizon Wireless began selling Apples (AAPL.O) iPhone at long last, ending AT&T Incs (T.N) more than three-year stranglehold on the device in the United States. Small crowds of iPhone fans braved a frigid New York dawn to line up outside Verizon stores on the first day of sales on Thursday.
Analysts say Verizon could sell 12 million iPhones or more this year. The phone company beat its previous launch-day phone sales record in a mere two hours. [ID:nN04174578] Verizon Wireless, a venture of Verizon Communications Inc (VZ.N) and Vodafone Group Plc (VOD.L), will charge $199.99 for the 16-gigabyte iPhone, with a two-year wireless plan. The smartphone is available in 90 countries on 185 carriers.
The company opened stores early at 7 a.m. in anticipation of sales, with some stores sending out representatives at 5 a.m. to hand out numbers to people already in line. Best Buy and Walmart also began selling the Verizon iPhone at select stores across the country. Verizon has some reason to expect high sales numbers.
By. AT&T Technology
