Live at Verizon's iPhone event: iPhone 4 will be available early next month

At long last, Verizon has an iPhone. The carrier held a media event in New York today to announce that, after years of negotiations, it will make an iPhone available to its customers early next month.

Before the announcement was made, Verizon President and COO Lowell McAdam hit the stage to discuss Verizon’s network investment and what today’s announcement will mean for consumers in the US. Given the improvements Verizon is offering with its LTE 4G network, he wishes they could call it “6G.”

McAdam said Verizon and Apple have been working together for two years to make the Verizon iPhone a reality. He announced that the phone would be available next month.

Apple COO Tim Cook then introduced the iPhone, which is pretty much the same as the current iPhone 4. Unfortunately for 4G hopefuls, it will be a CDMA phone — so it won’t run on Verizon’s LTE 4G network. Cook said Apple has enormous respect for Verizon and the “hard won loyalty from its customers.” That’s something I can’t imagine Apple saying about AT&T.

Verizon Wireless CEO Dan Mead then came on the stage to talk logistics. The company will start training its employees this week, and it will start improving its delivery systems to handle the increased volume of sales. “We have designed this network to give the customer the optimum experience,” Mead said. The company has been testing thousands of iPhones on its network for months.

“We’re ready for this launch,” he said. Indeed that seems to be the prevailing theme at the event.

On February 3, existing Verizon customers will be able to pre-order the iPhone before others. It will be available to everyone on February 10. It will come with 3G hotspot capabilities, allowing up to five separate devices to share mobile internet. AT&T, on the other hand, struggled to offer basic internet tethering for a single device on its network.

Cook and Mead then joined the stage together to field some questions. When asked why they went for a CDMA iPhone instead of LTE, Cook said that LTE chipsets would force some design compromises that Apple wouldn’t make. Additionally, Verizon customers want the phone now, instead of waiting for Apple to plug-in LTE.

When asked if the phone was exclusive to Verizon, Cook said that Apple has a multi-year non-exclusive contract with Verizon. He wouldn’t comment on what that meant exactly, but it sounds like the door is open for Sprint to eventually get an iPhone.

Someone was brave enough to ask about CDMA’s inability to run voice and data traffic at the same time. Mead said that the iPhone would work like any other CDMA device, meaning you won’t be able to hold a voice call and use data services like you can on AT&T’s iPhone. While this may be a deal-breaker to some, it seems like a good tradeoff for the addition of mobile hotspot capabilities.

Surprisingly, VentureBeat’s Matt Lynley found that the announcement of the Verizon iPhone had little effect on the stocks of all companies involved. It will definitely have an effect on the amount of iPhones Apple ships though — iSuppli predicts that they will increase by 12.1 million this year. But while it’s certainly good for Apple, VentureBeat’s Owen Thomas sees the Verizon iPhone as a sign of the end of the golden age for mobile carriers.

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  • Fill

    Wow, includes 5 device tethering? Nice.

  • Fill

    Wow, includes 5 device tethering? Nice.

  • Fill

    Wow, includes 5 device tethering? Nice.

  • http://openid-provider.appspot.com/bryceThorup Bryce

    Don't worry, there will be an additional monthly fee. Besides Android has been able to do this for free for the last six months. Enjoy the walled garden.

  • http://twitter.com/misterhoudini Challenger Dave

    “Wow, includes 5 device tethering? Nice.”As long as you aren't making a phone call. No web and voice concurrently… That's a deal breaker.

  • http://pulse.yahoo.com/_5GTWSEDXZ3KFATQJ4GCUSDGOBI Eleanor

    can someone explains why one can't be on voice and checking email at the same time?i currently use a BB on Verizon's CDMA network. It can be done!!

  • http://pulse.yahoo.com/_5GTWSEDXZ3KFATQJ4GCUSDGOBI Eleanor

    can someone explains why one can't be on voice and checking email at the same time?i currently use a BB on Verizon's CDMA network. It can be done!!

  • http://www.devindra.org Devindra Hardawar

    Are you sure you're accessing fresh data while on a voice call? Currently the limitation of CDMA technology is that you can only do voice and data separately, not concurrently.

  • Bay_Area_CA_Male

    Oh poor baby… Would you like a tissue for those tears? Ha ha ha!!!Guess what. There is no fee!!! They clearly announced it as a substitute for not being able to do simultaneous voice and data. If you ask me, as a current iPhone 4 owner, that will NOT be missed as I have only used it a few times. If you absolutely must have it then you can use google voice for VoIP and then use it.I think i smell fear among droid geeks because any bragging rights they recently had when all droid manufacturers, phones, carriers, and tablets combined barely surpass the iPhone 4 alone will be abolished as today's announcement signals the steep decline of droid activity for the next year!!!This event shield have been called “the android funeral”!!!:)

  • http://www.devindra.org Devindra Hardawar

    When did they say there was no fee? :P They kept saying they wouldn't talk about hotspot pricing later, if it was free you can certainly bet they would have mentioned it. Expect it to cost around $20-$25 a month.

  • gadgethead

    Now the question will be which carrier do you choose… AT&T or Verizon? Personally from the get go I think Verizon might be a better choice just from the coverage and the better reliability they have.

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    [...] percent of new smartphone purchases in February, the iPhone has jumped to 17 percent as of May. The Verizon iPhone’s launch was likely a driving factor in that growth, so it’ll be interesting to see if Apple can keep [...]

  • http://androidrockstar.com/?p=13828 Nielsen: Smartphones finally overtake feature phones for new device purchases

    [...] percent of new smartphone purchases in February, the iPhone has jumped to 17 percent as of May. The Verizon iPhone’s launch was likely a driving factor in that growth, so it’ll be interesting to see if Apple can keep [...]

  • http://worldbadnews.com/world-bad-news/http:/worldbadnews.com/2011/06/30/nielsen-smartphones-finally-overtake-feature-phones-for-new-device-purchases/news/bad-news/insurance/ipad/iphone/ Nielsen: Smartphones Finally Overtake Feature Phones for New Device Purchases – World Bad News : World Bad News

    [...] percent of new smartphone purchases in February, a iPhone has jumped to 17 percent as of May. The Verizon iPhone’s launch was expected a pushing cause in that growth, so it’ll be engaging to see if Apple can keep [...]

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