That still doesn't explain the adverse scenario of launching an updated model only 5 months after the current one is released on Verizon. I mean, will Steve have a lot of happy iPhone 4 customers who buy an iPhone 4 on Verizon in a few weeks only to have the new model come out in July?
Engadget says it well
"Speaking of, a word of warning: in your rush to buy a Verizon iPhone, you might be locking yourself into a contract you'll be dying to break when the iPhone 5 launches in the summer. Apple typically keeps its product cycles at around a year to avoid this sort of regret, but a Verizon iPhone launching in the middle of the iPhone 4's lifespan really throws a wrench into those proceedings. Oh, and speaking of contracts, Verizon is about to up its early upgrade policy to 20 months instead of the typical 12 (as in, you have to wait 20 months to get a new fully subsidized phone), so if you recently got a phone on Verizon you might have a bit of a wait before you get a cheap upgrade to the iPhone."
There's got to be another piece to this puzzle...
Nope! I think you are over thinking this. My buddies all still carry the 3GS because they were locked in with it when the iPhone4 came out. Last I checked, this is an issue with EVERYONE who has an iPhone on contract. Contracts are greater then 1 year...so it doesn't coincide with Apple's annual iPhone updates.
I could be wrong, but Verizon getting the iPhone4 is special enough. Many die hard Verizon customers will buy it! Many AT&T 3GS customers will switch. For those like me, with an iPhone4 (on AT&T) we will have to wait or pay out the nose. I'm personally staying with AT&T, but I'm certain Apple would never let one network have the jump from the other. Plus, production cycles would be completely out of sync if the specs change dramatically on a subsequent phone. It's more profitable for Apple to maintain similar production lines as much as possible.
In terms of Verizon customers getting the iPhone4 now and then getting upset when the iPhone5 comes out in June 2011? Well, they should wait to buy until then. This was part of AT&T's exclusivity! Yes, Verizon is jumping on the tail coat of AT&T right now but will be neck and neck with consumer demand after the first contracts are up on the iPhone4 from AT&T.
Cosmo