Verizon iPhone 4 sale on stores begins, ending AT&T monopoly

By on Feb 10, 2011 in Smartphone, Technology, United States Comments

Verizon Wireless began selling Apple iPhone 4 on US stores today, February 10, 2011, and apparently ending the three-year monopoly of AT&T.

Joel Minsky, 1st Verizon iPhone 4 buyer,
Bridgewater,New Jersey

Photo credit: Verizon Wireless/TwitPic

According to US news sites on Thursday, Verizon and Apple stores across the country opened at 7 a.m. (New York time) and started selling iPhone 4 for the first time ever, in which fans have started falling in line as early as 3 a.m.

Verizon iPhone 4 had an online pre-order sale on February 3, 2010 at 3 a.m. (EST) but ended in about 13 hours after stocks were said to have run out. Ticonderoga Securities was said to have estimated that between 700,000 and 1 million iPhone 4 units were sold.

Meanwhile, analysts believe that nearly 12 million Verizon iPhone 4 units will be sold this year and may also draw some AT&T subscribers.

Research firm Yankee Group was said to have released a report recently, stating that about 1.9 million AT&T iPhone owners may transfer to Verizon this year, which is nearly 2% of AT&T subscribers.

Verizon and AT&T sell iPhone 4 the same price, $299.99 for 32GB and $199.99 for 16GB, with a two-year contract.

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