Apple and Verizon: The Ross and Rachel of Telecom

Will they or won’t they?  And if they will, when?

One of the most important questions in the tech and telecom sector is whether or not Apple will give the iPhone to Verizon.  There are all types of cross-currents and nuances to the debate.  There are also billions of dollars on the line for all the players involved in this melodrama…

AT&T – Apple’s current steady, in an exclusive relationship with Apple for the iPhone.  Everyone thought exclusivity would be over this year, but with their just announced partnership on the new iPad, inquiring minds are now thinking that their love affair has been rekindled.

Verizon – Is somewhere on the border of jealousy and psycho-stalker territory and wants iPhone so bad they can taste it.  Can be found running commercials depicting iPhone as a misfit toy because of the network it runs on (not Verizon’s).  Received a downgrade from Credit Suisse this morning and estimate cuts in light of what the analyst now believes is a continued romance between Apple and AT&T.

Research In Motion – Possibly the big winner out of a continued iPhoneless Verizon as customers not willing to switch providers continue to buy BlackBerries.

T-Mobile – Just kidding, nobody really takes T-Mobile seriously.  Rolling On Floor Laughing My Ascot Off.

Here’s what Credit Sweeeeese’s analyst had to say on the love triangle via Eric Savitz (Tech Trader Daily):

Credit Suisse analyst Jonathan Chaplin this morning cut his rating on Verizon (VZ) to Neutral from Outperform, and cut his target on the stock to $30, from $32. His primary reason: a shift in his thinking on when AT&T (T) will lose its exclusive hold on the Apple (AAPL) iPhone in the U.S.

“Our analysis suggests that Apple will eventually sell the device at all carriers; however, there is a much greater probability that AT&T keeps exclusivity for another 12-18 months than investors realize,” he writes. “We think this has profound impacts for Apple, the carriers and the other handset OEMs.”

But the good news is, just like Ross’s infatuation with Rachel (yes, I’m dropping Friends references, deal with it) didn’t go unrequited forever, eventually Apple will decide that yes, they’d like to TRIPLE their iPhone sales and they will bring Verizon to their bed.  What a weird post this was.


Verizon Seeing No iPhone Benefit Before 2011 (Barron’s)



Tags: , ,

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. eatverts commented on Sep 22

    … [Trackback]

    […] Find More to that Topic: […]

  2. midget sex doll commented on Sep 25

    … [Trackback]

    […] Find More here on that Topic: […]

  3. 안전공원 commented on Oct 06

    … [Trackback]

    […] Info to that Topic: […]

  4. 918kiss commented on Oct 12

    … [Trackback]

    […] There you can find 15073 additional Information on that Topic: […]

  5. 안전공원 commented on Oct 16

    … [Trackback]

    […] There you will find 86578 more Info on that Topic: […]

  6. scotiabank visa login commented on Nov 27

    … [Trackback]

    […] Information on that Topic: […]

  7. rbc online banking login commented on Dec 06

    … [Trackback]

    […] Find More on that Topic: […]

  8. Rescue Tow commented on Dec 12

    … [Trackback]

    […] There you can find 5225 more Info on that Topic: […]

  9. 토토 commented on Dec 16

    … [Trackback]

    […] Information to that Topic: […]

  10. on top replica commented on Jan 28

    … [Trackback]

    […] Read More on that Topic: […]