After years of rumors, iPhone users will have an alternative to much-bemoaned carrier AT&T come January, reports Bloomberg, when Verizon Wireless begins selling Apple's phone. Because of notorious service problems with AT&T's network, some analysts predict the expansion to Verizon could trigger a massive increase in sales — but, as yet, neither Verizon nor Apple has yet confirmed the report. How will this play out? (Watch a report about Verizon's iPhone plan)
Now's the time to buy Apple stock: If the iPhone goes to Verizon which has a "subscriber base of 83 million," speculates John Paczkowski in All Things D, Apple could enjoy a bump of "12 million new unit sales." That would "translate to more than $7 billion in incremental revenue" in 2011. Needless to say, this would "certainly brutalize AT&T’s subscriber base."
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