Verizon Lower Ahead of Expected 11AM iPhone Announcement, Apple Flat

January 11, 2011 10:08 AM EST
Verizon's (NYSE: VZ) press conference, widely expected to be news that the carrier will get the Apple (Nasdaq: AAPL) iPhone, is expected to begin at 11AM ET.

AT&T (NYSE: T) is currently the only carrier to sell the iPhone in the U.S..

Market movement:
Verizon = down 1.8%
Apple = up 0.07%
AT&T = down 1.34%


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