At&t could lose 1.4 million iPhone subs to Verizon, if Verizon gets the device.

That might not be a disaster, but it is somewhere between 1.5and nearly twice the total number of net new subs Verizon gets in three months.

http://www.google.com/reader/i/?source=mog&gl=us#stream/user%2F05579064408535224496%2Fstate%2Fcom.google%2Freading-list