That's the estimate of one Wall Street analyst, but things might not be that bad
AT&T (T) could lose 40% -- or 6 million of its estimated 15 million iPhone customers -- when and if Apple (AAPL) makes a model of its smartphone that runs on Verizon's (VZ) cellular network, according to a note to clients issued Tuesday by Davenport & Company' Drake Johnstone.
But several factors mitigate against a wholesale migration:
|J.D. Power ranks GM tops in quality for first time|
|Fed sets road map for end of stimulus|
|Dow sinks 200 points after Fed hints at stimulus easing|
|Stratasys buys Makerbot 3-D printing company for $400 million|
|Men's Wearhouse fires the 'I guarantee it' guy|