
Back in 2010 when Apple first signed with Verizon to sell iPhones, Verizon committed to selling a certain number of phones each year. However, Verizon seems unable to sell the amount specified and could owe Apple up to $14 billion for the shortfall in sales. With analysts predicting a decline on iPhone sales at the moment, Verizon just may end up paying Apple. Could this mean a new deal for another cell phone producer? Maybe. More importantly, what does this mean for Verizon Wireless (VZ) and Apple (AAPL) shareholders? Read the article HERE to find out.