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Businessweek: Verizon iPhone to be announced by Valentine’s Day

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

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.