Analyst gives iPhone hitting Verizon network 70% chance

Wed, Dec 9, 2009

News, Rumors

In a recent note to investors, Gene Munster of Piper Jaffray wrote that Apple could easily boost iPhone sales by 40%  in 2010 by making a CDMA compatible iPhone to run on Verizon’s network.

We continue to believe there is a 70% chance that Apple will launch the iPhone with Verizon in mid-CY10.  Currently, the iPhone is available to 82m AT&T subs in the U.S.; adding Verizon would more than double the addressable market, adding 89 m U.S. customers.

To be honest, the saga of the iPhone hitting Verizon has become annoyingly repetitive and contradictory.  And now we’re not even dealing with informed sources dishing out cold hard facts, we’re dealing with percentages seemingly pulled out of thin air.  Maybe the iPhone has a 29% chance of hitting Verizon’s network, or maybe the odds are 88%, who the hell knows.  Munster never details how he arrived at the 70% figure precisely because it’s not rooted in any sort of data.  You know, analysts sometime seem to have the easiest job in the world


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