Verizon sold 4.2 million iPhones during recent holiday quarter

Thu, Jan 5, 2012


Verizon CFO Fran Shammo told attendees at a Citigroup conference yesterday that the nation’s largest carrier sold 4.2 million iPhones during company’s fourth quarter, a figure which is more than double the number of phones they sold during the third quarter – 2 million to be exact.

Clearly, the launch of the iPhone 4S together with the affordable $99 iPhone 4 and the always busy holiday shopping season helped propel Verizon to a record breaking number of iPhones sold. Indeed, when Apple releases its earnings for the current quarter in a few weeks, it will likely report a record breaking number of iPhones sold.

When the iPhone first came to Verizon last year, many people anticipated an mass exodus of iPhone users from AT&T. But lo and behold, AT&T last quarter was able to add more new iPhone subscribers than Verizon. Note, though, that the iPhone 3GS remains exclusive to AT&T as Apple never released a CDMA version of the device.

Clearly, the 4 million figure is impressive, but we’ll have to keep an eye on AT&T’s iPhone sales figures when it releases its earnings in a few weeks.

via Bloomberg



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