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No. 1 domestic wireless carrier Verizon (NYSE: VZ ) 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 (NASDAQ: AAPL ) , since the company still relies heavily on subsidies to boost iPhone prices, but not as bad as if AT&T (NYSE: 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.
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