Verizon iPhone 5: Price Increased By CDMA

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After months and months of rumors, speculation and pure frustration, it looks like we are finally going to get confirmation of the Verizon iPhone 4/5. Apple is due to hold a media event in New York City later today, where they are expected to announce the much-anticipated smartphone.

However, recent reports suggest that Verizon could well charge more than AT&T for the Apple iPhone. In fact, according to Neil Hughes over at Apple Insider, Mark Moskowitz – an analyst with J.P. Morgan – believes that Verizon could well charge between $20 and $30 more than AT&T for the Apple iPhone.

The steeper price tag he claims is because of the higher cost of CDMA wireless components. In order for the handset to be compatible with Verizon’s network, it must include an internal CDMA radio, which Moskowitz said is a more expensive component compared to the UMTS technology found in AT&T’s handset.

He went on to explain that if Verizon avoids any network performance issues both during and after a potential iPhone launch, then we could be looking at a multi-year growth spurt in iPhone sales in the US. Scott Moritz over at thestreet.com reports that 9 million+ Verizon iPhones are estimated to be sold this year.

If you are interested in watching the Apple event, then Joshua Topolsky over at engadget.com has provided a list of start times.

Also See: iOS 8.2 release waiting on iOS 8.1.3 maintenance update