VZW, feature phones & smart phones.
On the Call: Verizon COO McAdam on iPhone...
Associated Press, 07.22.11, 12:12 PM EDT
NEW YORK -- Verizon Communications Inc. is benefiting from being able to sell the iPhone, but investors were looking for even stronger results in the second quarter. On a call with analysts, incoming CEO and current Chief Operating Officer Lowell McAdam was asked if he thinks smartphone adoption will speed up this year.
QUESTION: At the beginning of the year we heard that 50 percent of phones in the hands of Verizon ( VZ - news - people ) subscribers would be smartphones this year. It doesn't look like you're going to make it. Do you see anything in the second half of the year that's going to get you there?
RESPONSE: We like the gross a
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There goes my hypothesis. âšī¸
The LG Chocolate Touch still requires a $9.99 data package.
http://www.verizonwireless.com/b2c/store/controller? ... »
People flipped sh*t over this change and sales of these devices plummeted (at least what i was able to see. My company didn't sell many of these phones at all). Several months later Verizon stated that they were not going to produce any more 3g multimedia phones, but t...
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Thanks for the heads up!
So phones are just a lot better and can do a lot more things than 5 years ago. Processing speeds are so fast. Touch screens can be used without styluses. Smartphones are not bulky like the old Palm Treos, etc. Therefore, in addition to data requirements, people have become more enamored with smartphones now and are willing to pay $30/mo.
However, will they pay $50 for 5GB, $80 for 10GB? That remains to be seen.