Naturally, millions of happy Verizon customers would switch devices to the iPhone if the service provide begins carrying the Apple smartphone next year. But how many AT&T subscribers would flee to Verizon? The number could be as high as one million, according to a few analysts a new Bloomberg article sources. The only surprising thing about this estimate is that the number is so low, considering that virtually every iPhone owner I know complains about AT&T. I wonder who the other 999,999 will be. Here's an excerpt from the article:
Between 500,000 and 1 million of AT&T's estimated 18 million iPhone users may end their contracts early or decline to renew them in 2011 in favor of a Verizon Wireless contract, said Barclays Capital analyst James Ratcliffe. Pacific Crest Securities analyst Steve Clement forecast the losses at about 800,000 users.
Read the full story at Bloomberg.