I think there is a huge pent up demand for the iphone on Verizon. People have been putting off getting a smartphone until it was available on Verizon not ATT.

I think there is a huge pent up demand for the iphone on Verizon. People have been putting off getting a smartphone until it was available on Verizon not ATT. Moreover, by the end of this year how many people are going to be at the end of their Android contract and want to jump to the iphone? How many bought the Android as a stopgap till they could get the iphone on Verizon? Quite a few I think. Also its not just the technology that is driving this -- there is a huge "cool" (i.e. social status signal) factor that is associated with the iphone and more generally with Apple that is easy to underestimated.