Verizon Wireless (VZ, VOD) will start selling the Apple (AAPL) iPhone in January 2011, Bloomberg reports, citing “two people familiar with the plans.” The wire service said officials at both Verizon and Apple declined to comment.
There have been rumors for months that Apple was nearing a decision to break its exclusive U.S. distribution deal with AT&T (T); as noted earlier today, analysts at Barclays Capital are now so certain that the iPhone will debut with Verizon Wireless early next year that it has begun to factor such a move into earnings estimates for various companies that would be affected.
The report has given a lift to shares of Verizon Communications, which owns 55% of Verizon Wireless, which it owns jointly with Vodafone.
http://blogs.barrons.com/techtraderdaily...od=yahoobarrons