Could Verizon's Move To Nix Subsidies Hurt Apple?

While we don?t see the move as having a significant impact on Verizon?s performance or outlook, it could potentially have an impact on high-end device manufacturers such as Apple , who have long benefited from carriers subsidizing the high sticker prices of smartphones in return for a two-year contract. For example, a new iPhone 6 buyer on Verizon would now have to pay $649 upfront (or in monthly installments) versus a subsidized price of $199. Considering that many high-end Android devices from...