Verizon CEO Lowell McAdam expected iPhone 5 this Summer, now anticipates Fall launch

Fri, Jul 22, 2011


Hours after Verizon released its June quarter earnings and announced 2.3 million iPhone activations, former Verizon COO and newly minted CEO Lowell McAdam took to CNBC to discuss his company’s earnings results. In the course of the conversation, McAdam made a few references to the next-gen iPhone and when we might see it hit store shelves.

We had assumed that we would see an iPhone early in the summertime as it’s been usually, and that’s going to be a little bit later in the year now.

Funny that McAdam seems about well-informed about the iPhone as we do. Either that or McAdam is simply being coy, a much more likely scenario really.

In an earnings conference call also held on Friday, McAdam said that those curious as to when the iPhone 5 will be released should check with Apple.

We are probably what I would view as maybe a quarter behind what we had talked about in January, primarily because we expected an iPhone 5 refresh sometime this summer.

We don’t know when the next one is going to come out. You will have to ask Apple that, but we expect that probably sometime in the fall, and I think you will see a significant jump there when we get to that point.

Up until the iPhone 5, Apple kept a pretty standard Summer release schedule for new iPhone models. As to the delay of the iPhone 5, rumors have ran the gamut, with the most recent being that the iPhone 5 initially suffered from overheating issues associated with the device’s A5 chip, subsequently forcing Apple to go back to the drawing board and work on a new design.



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