Don't Plan on Upgrading Your New Verizon iPhone Anytime Soon

Before you go, we thought you'd like these...
Before you go close icon

No. 1 domestic wireless carrier Verizon  Wireless recently announced it was tightening upgrade policies, extending the time frame that consumers have to wait to a full 24 months. Carriers have also been trying to reduce subsidies via platform competition. That's an incremental negative for Apple , since the company still relies heavily on subsidies to boost iPhone prices, but not as bad as if AT&T  had made the move (it sells more iPhones).

In the video below, Fool contributor Evan Niu, CFA, explains how this might affect Apple investors.

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.


link

The article Don't Plan on Upgrading Your New Verizon iPhone Anytime Soon originally appeared on Fool.com.

Fool contributor Evan Niu, CFA, owns shares of Apple and Verizon Communications. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners