iPhone 5 Rumors Could Hurt Apple, but Benefit Verizon, ATandT

By: Michelle Maisto, eWeek

Verizon Wireless and AT&T posted surprisingly strong second-quarter earnings, given that rumors of an upcoming iPhone 5 likely delayed some iPhone sales. While those missed sales hurt Apple, they seem to have benefited the carriers. Smartphone and tablet usage is up, Americans are burning through more data than ever and the wireless carriers, which have invested billions of dollars to get to this point, are beginning to enjoy the results. They’re also enjoying what the Apple iPhone has helped to create, even in absentia.

http://www.eweek.com/c/a/Mobile-and-Wireless/iPhone-5-Rumors-Could-Hurt-Apple-But-Benefit-Verizon-ATandT-374872/?kc=rss

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