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Verizon Will Start Selling iPhone in January 2011, Sorry Apple

Apple’s reign of being the exclusive iPhone reseller is coming to a close in 2011. Verizon Wireless, the nations largest mobile-phone carrier, expects to sell around 12 million iPhones after they start offering it to their customers in 2011.

Verizon Wireless will start selling Apple Inc.’s iPhone to customers in January, accoriding to a recent Bloomber article, two people familiar with the plans said yesterday. AT&T has had exclusive claim on the device in the U.S. since it was introduced in 2007.

Verizon Wireless will likely sell about 12 million iPhones in the first year, UBS AG analyst John Hodulik said in an interview. Three to four million of those may be to customers the company draws from other wireless carriers, he said.

“Not only would they sell lots to their own base, but they would also be able to attract new gross adds from other carriers,” said Hodulik, who is based in New York and doesn’t own the shares, which he rates “neutral.”

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