AT&T chief Randall Stephenson during a talk at the Goldman Sachs Communacopia conference talked down the impending prospects of a Sprint iPhone 5 and Verizon launching a genuinely new iPhone for the first time. He noted that many presumed the incumbent would be hurt when a rival carrier got the iPhone, but that the effect was "always overblown." Instead, Stephenson brought on the metaphor of a rising tide lifting all boats, suggesting that Sprint's addition would only help everyone.
