Verizon Said No to iPhone Two Years Ago
USA Today reported that Verizon Wireless said no thanks to Steve Jobs offer to be the exclusive distributor for the Apple iPhone almost two years ago, deciding the five year sales agreement wasn’t worth the many strings that came attached. Vice-President Jim Gerace remarked, “We said no. We have nothing bad to say about the Apple iPhone. We just couldn’t reach a deal that was mutually beneficial.” At issue were Apple’s demands to retain exclusive control over distribution of the iPhone and relationships with iPhone customers. While Apple and Verizon stores would have carried the device, reports say Wal-Mart, Best … Continue reading