Qualcomm shares were up more than 6 percent after it said it would post new revenue and earnings growth as demand for its chips accelerate. Apple's iPhone 4 on Verizon, as well as the next generation of iPhone and iPad, are all expected to use Qualcomm's baseband chips.
Apple's website on Wednesday temporarily listed details for new Verizon iPhone customers, with voice plans starting at $39.99 per month, unlimited data for $29.99 per month, and 2GB of data tethering for an additional $20.
Having learned from network and launch issues that AT&T has suffered from in recent years with Apple's iPhone, Verizon executives said Tuesday that they are confident in their ability to handle the launch of the CDMA iPhone 4, citing extensive training, customer service hires and infrastructure investment as ample preparation.
Despite a conservative estimate of 11 million iPhones sold in 2011, Verizon executives hinted Tuesday that the iPhone, which comes to the network on Feb. 10, could help growth on the largest wireless carrier in the U.S. to "really explode over the next several years."
After it was revealed that the company's $30-per-month unlimited data plan will be the only option for iPhone 4 users on Verizon, the carrier's chief operating officer said that the company still intends to phase out its unlimited plan and moved to a tiered pricing structure in the future.
Enterprise mobile services vendor Good Technology reports iPhone 4 became the leading mobile device among its enterprise customers in the first month following its launch, with iPad helping Apple account for more than half of all its new enterprise device activations this summer.
Substantiated rumors of the next generation iPad using a vastly higher resolution 2048x1536 display are drawing some to question why the iPad would even need such a dense pixel count, which is much higher than even Apple's 17 inch MacBook Pro. The answer relates to resolution independence.
Apple's next generation iPad and iPhone, both due the first half of this year, will pack a new version of the company's custom A4 chip, with dual, faster graphics cores capable of supporting a Retina Display iPad and potentially bringing 1080p HD support to iOS devices, including Apple TV.
Verizon CEO Ivan Seidenberg admitted in an interview Thursday that the nation's largest wireless network was "never in the running" for the first-generation iPhone because Apple was focused on the GSM technology.