Verizon iPhone Debut Greeted With Short Lines

NEW YORK (AP) — The Verizon iPhone went on sale Thursday, but demand appeared to be tepid, with small or no lines at Verizon and Apple stores. The launch of a new iPhone models at AT&T every summer has meant long overnight lines. Verizon Wireless may have satisfied most of the demand by allowing online pre-orders for current subscribers.

NEW YORK (AP) — The Verizon iPhone went on sale Thursday, but demand appeared to be tepid, with small or no lines at Verizon and Apple stores.

The launch of a new iPhone models at AT&T every summer has meant long overnight lines.

Verizon Wireless may have satisfied most of the demand by allowing online pre-orders for current subscribers. The poor showing in stores, though, is an indication that Verizon's phone may not have much power to draw subscribers from other carriers.

In afternoon trading, shares of Verizon Communications Inc. were down 47 cents, or 1.3 percent, at $36.20. Shares of Apple Inc. were down $2.83, or 0.8 percent, at $355.30. Shares of AT&T Inc. were up 35 cents, or 1.3 percent, at $28.32.

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