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Verizon iPhone 4: Rumor Affects Share Price

Following on from our earlier article about the Verizon iPhone being a problem for Apple, we now have another article for you read now, which is also related to the highly anticipated, but still unannounced device.

Do you remember back at the start of the year, when the WSJ ignited the internet by writing an article seemingly confirming the existance of a CDMA-equipped iPhone for a release on Verizon Wireless?

Well if you do, it turns out that this rumor alone has boosted not only Verizon Wireless shares, but also Apple shares too. Sltrib.com is reporting that Apple shares reached a new record high this Tuesday, while Verizon shares also rose by 2.6 percent on Tuesday, with rivals AT&T dropping 2.1 percent from previous figures.

According to the report, Apple shares reached $237.48 on Tuesday, a total increase of 1.5 percent for one day. Full article through the link, let us know your thoughts on it.

The Verizon iPhone is inevitable now, surely everyone knows it right?

Written by Alan Ng

Alan has been working for Product-Reviews since 2009 and became the Editor-in-chief in 2014. He has a passion for technology, the latest mobile phones and gadgets, and the gaming industry. Alan is a graduate of Canterbury Christ Church University and completed a B.A in Commercial Music in 2008. While expressing a keen interest in all areas that PR cover, you'll usually find Alan in the gaming section, where he'll be keeping enthusiasts up to date on all the latest news and reviews for consoles and PC.

Contact Alan Ng: alan@product-reviews.net

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