Source: BTL Blog (ZDNet)
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Is Apple's
iPhone deal with Cingular a handicap to both parties? You almost get that impression hearing to Verizon executives tell it.
On a conference call following Verizon's
fourth quarter earnings, analysts were quick to ask Dennis F. Strigl, Verizon chief operating officer, about the iPhone. After all, a USA Today report detailed how Verizon
turned Apple down due to Steve Jobs' terms.
The biggest item in the
USA Today report was that the Apple and Cingular deal is exclusive for five years. For what it's worth–that's a long time for the iPhone to be tethered to a network that can be spotty at times. In Cingular's case, Apple most likely gets most of the ROI. Cingular is clearly hoping to grab subscribers.