err0r Posted March 2, 2011 Report Share Posted March 2, 2011 Verizon Wireless has finally landed that iPhone that it has wanted for so many years. The sales of the iPhone 4 on the Verizon network are a mystery so far, and some suspect that the sales haven't been that strong based in part on the lack of lines at stores on launch day. The lack of lines may not be a good indicator with Verizon CFO Fran Shammo announcing at a Morgan Stanley conference this week that many of the buyers of the iPhone 4 on Verizon have purchased online. Shammo claims that 60% of the iPhone 4 smartphones that Verizon has sold were sold online. One of the ways that Verizon lured customers to the iPhone 4 on its network was to offer an unlimited data plan for $30 monthly. Analysts predict that Verizon will sell two million iPhone 4 smartphones this quarter reports Bloomberg. That unlimited plan was certainly what moved some users to migrate from AT&T where they may have been grandfathered into the AT&T unlimited plan on the iPhone 4. However, Shammo notes that the unlimited plan will not last forever and Bloomberg reports that the plan could end as soon as this summer. Shammo said the unlimited data plan was "not a long-term solution." Verizon has previously noted that it will throttle data for the top 5% of users, especially in areas where those heavy users threaten the speed of the network on the whole. Verizon also sees more profit in removing the unlimited plan. Shammo said, "We have a very big opportunity at Verizon Wireless because 67 percent of our customers are either feature phones or multimedia phones. We see the potential of our customer base spending in that $30 to $50 range." Many of the feature and media phone users can opt for an optional basic data plan for $10 per month. Source: Shane McGlaun Link to comment Share on other sites More sharing options...
Warrior124 Posted March 4, 2011 Report Share Posted March 4, 2011 (edited) I'm glad I didn't go for it, then. To tell you the truth if I did, and found out Verizon tricked me like that, that would be THE thing to make me leave Verizon altogether. I have very little respect for companies that lure people in like that only to pull the rug on them. Profit?! They won't be getting any money from me anytime soon!! Edited March 4, 2011 by Warrior124 Link to comment Share on other sites More sharing options...
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