Verizon announces best quarter ever with 9.8 million smartphone activations; iPhone sales strong

Wed, Jan 9, 2013


It’s earnings season, ya’ll. Yesterday AT&T reported their earnings amidst record quarterly smartphone and iPhone sales, and now we have Verizon jumping into the fray with impressive smartphone sales as well.

For the fourth quarter of 2012, Verizon announced via its 8-K regulatory filing with the SEC that it activated 9.8 million smartphones, stressing that that figure was comprised of a “higher mix of Apple smartphones.”

During the same quarter a year-ago, Verizon activated 7.7 million smartphones, of which 4.2 million were iPhones. If Apple’s iPhones accounted for the same percentage of smartphone sales this quarter, that would equate to 5.34 million iPhone activations. Of course, this is all speculation and we’ll know for sure how many iPhones Apple sold overall come January 23 when it announces its earnings results.

Notably, Verizon CEO Lowell McAdam told folks at theĀ 2013 Citi Global Internet, Media & Communications ConferenceĀ that Q4 2012 was Verizon’s best quarter in company history. The nation’s largest carrier, during the last three months of 2012, added 2.1 million new subscribers, an all time high according to McAdam.

via SEC



Comments are closed.

eXTReMe Tracker