updated 04:31 pm EDT, Mon May 6, 2013
Carrier may try to compete with Sprint, T-Mobile
Verizon will launch a $100 discount on the iPhone 5 sometime in mid-May, evleaks claims. No other information on the sale is available, such as how long it might last and who will be eligible. The rumor may have some merit, however, as Verizon's competitors have made similar efforts.
Sprint, for instance, is currently offering a $100 discount for new iPhone buyers switching from other carriers. T-Mobile is likewise selling the iPhone 5 for as little as $99, though in reality buyers are expected to finance the rest of the phone's unlocked cost over a set period. The carriers may be trying to reinvigorate iPhone sales, which while still healthy are likely coming under pressure from high-profile Android phones like the Samsung Galaxy S4 and the HTC One.