First: We can expect Verizon’s iPhone sales to be anemic. A bit
of arithmetic applied to this chart tells us Verizon has been
churning about 93M * 1.42% * 3 = 396K customers a quarter — about
the same as that deadly 400K. The smart way to bet is that most of
Verizon’s potential Apple customers decamped to AT&T long ago
and are part of that 90% saturation.
Well, that’s one opinion.