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Verizon Rejected iPhone Deal

Posted by kdawson on from the just-saying-no dept.

SnowDog74 writes "According to an article in USA Today, Verizon Wireless rejected an Apple deal over the iPhone. The article says that Verizon wasn't happy with the strict terms Apple demanded — a Verizon Wireless VP is quoted saying that Apple wanted a cut of monthly revenues and control of the customer relationship. What's perhaps equally interesting, however, is the implication from sources that say Cingular's exclusive 5-year deal with Apple applies within the United States only. If this is true, it undermines some of the criticism Apple has been receiving for their business strategy surrounding the iPhone, given the size of the cell-phone market outside the US."

6 of 290 comments (clear)

  1. iGot by Anonymous Coward · · Score: 3, Funny

    iGot First Post

    Thanks,
    Cingular

  2. Let's see how Verizon feels at the end of the year by TheSlashaway · · Score: 3, Funny

    Let's see how Verizon feels at the end of the year when a googazilion iPhones are sold.

  3. Five years? by Rodness · · Score: 4, Funny

    That's one hell of an exclusive deal. As much as I hate Cingular and their pricing plans, I'm not sure I can wait five years for other networks to have that phone... especially if they put out a nano-sized version.

    Sigh... why oh why can't I have my apple and eat it too?

    1. Re:Five years? by MattHaffner · · Score: 4, Funny

      Americans need to get with the program.

      What? We are the program. We made it, we run it, we sell it. Free market, baaay-beee! Get with the program!

      I mean look at our cable, land-line, and internet markets. It's all about competition and survival-of-the-fittest over here. The consumer rules! We have the best services for the best prices anywhere in the world. By definition. Anything, anywhere else is just some mock-up of the free market we have in place here in the U-S-of-A, likely held together with some pseudo-socialist glue. Our companies live and die in the market trenches without any pansy help from the government. Sheee-ooot.

      Cheney/Lay 2008!

  4. They've got the business model all worked out by User+956 · · Score: 2, Funny

    As much as I hate Cingular and their pricing plans, I'm not sure I can wait five years for other networks to have that phone..

    What, you mean $31,000 a month for Cingular service isn't cheap enough for you?

    --
    The theory of relativity doesn't work right in Arkansas.
  5. Re:Let's see how Verizon feels at the end of the y by TheSHAD0W · · Score: 2, Funny

    Yeah, and Apple gets 500 googazilion dollars of revenue.

    Then gets sued by Google for revenue similarity...