Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



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

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

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.

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.


Read/Post Comments (6) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 17, 2013, at 8:15 AM, Jjkiam wrote:

    Funny I wasn't aware of the 20 month policy. I always thought it was 2 years. This is no more of a problem for Apple than any other smartphone provider. The idea that the carriers will end the subsidy might be the best thing for Apple. If Apple were to start offering the same low down payment low/no interest financing as they do in India similar Tmobile's new plan ; that would be a great game changer and major threat to the carriers duopoly. The lie is that the subsidies cost the carriers money when the opposite is true. Locking customers into 2 year contracts wouldn't be possible absent the subsidy. They make ridiculous exorbitant profits on These contracts and pay off the subsidy within a few months. Go Tmobile and the end of subsidies!!! Apple should take this bold step and follow Tmobile

  • Report this Comment On April 17, 2013, at 8:40 AM, tizhim wrote:

    Actually, the 20 month program is more detrimental to the carrier than the phone manufacturers. That is when you get these upgrade eligibility notices from them. The idea is to hook you into another 24 month contract with them BEFORE you are free at 24 months to consider the competition. T-moble at least has one thing right, separating the phone from the monthly service charge, While I see the necessity of unlocked phones - particurally if live in one are 6 mo and another (or travel frequently internationally), I never have understood having to pay the same full boat for the monthly service charge that includes everyone elses subsidized payback.

  • Report this Comment On April 17, 2013, at 9:06 AM, mmpizzachick wrote:

    Verizon has gone off the deep end with its prices. I have been with them for many years..started only because they were the only carrier that provided service in my area at the time. I have since lost my unlimited data, and am charged $20 more for the 2GB I do get. Just waiting until everyone on the plan is up for renew and switching to someone else.

  • Report this Comment On April 17, 2013, at 9:08 AM, GrimCW wrote:

    So this is a spoof site like the onion i take it?

    hope so with bogus talk of killing PC's...

  • Report this Comment On April 17, 2013, at 10:07 AM, maximus77 wrote:

    I wasn't aware that unlimited data wasn't available anymore until I tried to upgrade my phone. Verizon now wants to charge me $20 more for less data. I've been a customer since 99. They definitely do not appreciate loyal customers. Therefore, I will be switching to Tmobile, since they seem to have their prices somewhat more reasonable.

  • Report this Comment On April 17, 2013, at 10:30 AM, liegemaximo wrote:

    I was with Verizon for 10 years. I got tired of being ripped off. I'm on Walmart Family Mobile now (runs on T-Mobile towers) and couldn't be happier.

    I'm paying way less now for a lot more service. When me and my family were on Verizon, on a limited minutes plan with no data at all, it cost me $160 per month. Now I have unlimited data, unlimited minutes, unlimited txt, paying $140. The same service on Verizon would cost me over $200.

    Plus now I don't have a contract and can leave anytime I want. Screw iphones, screw Verizon, screw corporate rip offs. As soon as I find something better and cheaper than Walmart Family Mobile, I'll be moving over there.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2366496, ~/Articles/ArticleHandler.aspx, 10/1/2016 5:01:19 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 7 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
AAPL $113.05 Up +0.87 +0.78%
Apple CAPS Rating: ****
T $40.61 Down -0.12 -0.29%
AT and T CAPS Rating: ****
VZ $51.98 Down -0.14 -0.27%
Verizon Communicat… CAPS Rating: ****