That's double taxation. I would call Verizon and ask them to pick one.
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You can't really go by the change in order status, that won't be updated until they have the tracking number from the carrier they use. I had a simultaneous text message and charge to my card. The text message alerted me that my order had been sent for shipping and so I checked my bank account and sure enough, it was charged. I think you had to choose to be texted when you placed the order, it was so freaking late here I don't remember all the details of pre-order night. Watch the account for the card you used to order, they cannot charge you until they are shipping.
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I think you will find that the order date gets pushed up dramatically and you'll see it before the end of October. Just watching all the orders here it seems very few have shipped on the noted date. Hang in there! Mine went from 10/26 to 10/5.
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I really don't think it means you will be put in the very front. From watching the posts about "front of the line" it seems to mean you will be put in with the next batch.
This is how I picture it: Apple sends a bunch of phones and they are all marked for particular customers as per pre-order and even after pre-order. When the phones arrive at Verizon they are assigned to the person that purchased it, those that canceled get tossed into a pile (figuratively speaking) and then the people on the wait list, including front of the line people, get those. It's my opinion, no one has confirmed this, that you go in the front of the people on the wait list for that shipment.
The reason I think it works this way is because Verizon can't order individual phones from Apple, they probably have to order in batch sizes and those are determined by the amount of Verizon customers that have phones and are likely to upgrade. It's all a numbers game and you are holding one small number. There's no way customer service reps would have this information, if they did they would be able to wreak havoc with the ordering process. I'm sure it's only the purchasing and shipping departments that know what's coming in and those people do not have contact with customers.
Years ago when I worked in retail and Playstations, Tickle Me Elmos, and such were in hot demand with limited quantities, that was how the process worked.