Fran Shammo, Chief Financial Officer of Verizon hinted an unique feature of upcoming iPhone. Fran Shammo revealed during a conference that the iPhone 5 will be a “global device”. The definition of global mobile, suggests that the next smartphone from Apple is a device capable of simultaneously operating on both CDMA and GSM network.
Verizon CFO Fran Shammo, asked about the sluggishness of the company’s ARPU growth in Q1, when the iPhone was introduced – growth was just 2.2%, compared to 2.5% in Q4, remarked:
“The fluctuation, I believe, will come when a new device from Apple is launched, whenever that may be, and that we will be, on the first time, on equal footing with our competitors on a new phone hitting the market, which will also be a global device.”
It is expected that Apple release next version of iPhone in autumn, probably in the course of an event that will take place (or will cover) usually devoted to the iPod.