According to a report from Bloomberg Businessweek on Wednesday, Apple will hold a special event by Valentine’s Day to introduce a new iPhone compatible with the Verizon Wireless network. The report mirrors one of two theories posed by BGR Editor-in-Chief Jonathan Geller earlier this month. Businessweek goes on to suggest that while the launch of an iPhone for Verizon Wireless could have a sizable impact on AT&T’s business, it will not be the “death blow” many have speculated. Even if AT&T loses as many as 6 million subscribers as a result of Verizon’s iPhone launch, Businessweek postulates, the lost revenue will only amount to 4.8% of the carrier’s projected 2011 sales.

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Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.