No. 1 domestic wireless carrier Verizon (VZ +0.02%) 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 (AAPL 0.17%), since the company still relies heavily on subsidies to boost iPhone prices, but not as bad as if AT&T (T 1.15%) had made the move (it sells more iPhones).
In the video below, Fool contributor Evan Niu, CFA, explains how this might affect Apple investors.
