Verizon’s Media Event Coverage

verizon iphone

Verizon’s media event should be underway shortly.

Based on all the rumors and speculations, we expect Verizon to announce CDMA iPhone on its network.

Verizon’s media event is being held at the Lincoln Center in New York City at 11:00 AM ET, or less than 15 minutes from now.Updates will be posted from top to bottom (bottom newest) so stay tuned (hit refresh to get the latest).

Here are some of the rumors and speculations we’ve heard so far:

The event is about to begin.

Lowell Macadam is on stage and he is talking about a big announcement.

Have you been waiting for Verizon to launch the iPhone? We would love to find out so drop us a line in the comments.

He is currently talking about Verizon and its achievements.

“Today we’re partnering with a giant of the industry, and that’s Apple.” Verizon iPhone is here folks!

Verizon has just announced iPhone 4 on its network and it will be available early next month.

Tim Cook is on stage and he should be providing more details on Verizon iPhone 4.

Verizon iPhone 4 will work on CDMA network just as it was rumored.

CDMA iPhone 4 has all the features of GSM iPhone 4 such as FaceTime, retina display, 5-megapixel camera, HD video, custom A4 chip etc (as one would expect).

Dan Dee of Verizon is talking about how Verizon has prepared for the launch of Apple’s iPhone by building additional capacity to handle the load.

Existing Verizon customers will be able to pre-order CDMA iPhone 4 from February 3rd and everyone else will be able to order online, in stores or in Apple stores on February 10th.

$199 for the 16GB, $299 for 32GB — mobile hotspot included! Up to 5 devices. That’s interesting, it means that Apple will be releasing an iOS Software update for the mobile hotspot feature. Verizon’s another major selling point.

The Q&A session has started.

Q: Will it be on a one year refresh cycle?

Tim: We don’t comment on that.

Q: Why didn’t you go the LTE route?

Tim: Two reasons — the first gen LTW chipsets force design changes we wouldn’t make. And Verizon customers told us they want the iPhone now. I can’t tell you the number of times we’ve been asked when will it work on Verizon.

Q: Is the CDMA iPhone exclusive to Verizon?

Tim: It’s a multi-year, non exclusive deal.

Q: What changes if any have been made to the antenna.

Tim: We had to make changes to work on the CDMA network — it’s going to work great.

Dan: We do not see a problem with that (probably referring to the iPhone 4 antennagate).

Q: What happens when you’re on a call and need to use data?

Dan: Same as a CDMA device.

(So CDMA iPhone 4 users won’t be able to use data related apps while on a call just as we had speculated. It has been considered as one of the deal breakers for few users.)

Q: Experience is so paramount at Apple… GSM allows data and voice… how does that experience feel here?

Tim: I think people place different emphasis on things — I can tell you that the number one question I’ve gotten is when will the iPhone work on Verizon. I couldn’t be happier to tell people that. They will make those sorts of tradeoffs.

(Its a valid point, how many of you think it is a deal breaker.)

Q: Any new capabilities compared to GSM version?

A: Hotspot is new.

Q: When will we see LTE version?

Cook: No comment.

Q: Coming to indirect sales channels?

Cook: Yes, but not at first…Verizon and Apple only at first.

Q: More questions about lack of simultaneous voice and data and whether that will be disappointment for users.

Cook: It’s all about getting it on Verizon. The customers who want it there will be willing to make the trade-off.

That’s the end of the event folks, hope you enjoyed the coverage and you were not disappointed by the announcement. Verizon iPhone is finally here. Do you plan to get one?