Verizon exec: Jury still out on Apple iPhone success

“The jury is still out on whether Apple Inc.’s iPhone will be a commercial success, Verizon Wireless’ General Counsel Steve Zipperstein said Wednesday,” Dow Jones reports. “Testifying before a House Telecommunications Subcommittee hearing into the future of the wireless industry, Zipperstein acknowledged that the company was approached by Apple before AT&T Inc. was about being the exclusive supplier of phone service for the new device. ‘We didn’t view it as the right opportunity for us at that time,’ he said.”

“Zipperstein said that it was too early to tell whether the iPhone would ultimately be a success in the market,” Dow Jones reports.

“‘Despite the hype about the iPhone in the media over the last couple of weeks, the product has only been available for the last 10 days,’ said Zipperstein. ‘The jury is still out and we will have to see how the market reacts.’ According to reports, nearly 1 million iPhones have been sold in its first 10 days. Apple has set a public target of selling 10 million devices by the end of the year,” Dow Jones reports.

MacDailyNews Note: Apple has set a public target of selling 10 million iPhones by the end of 2008, not by the end of this year. Apple has not reported any iPhone unit sales figures to date.

Full article here.

[Thanks to MacDailyNews Readers “Dion” and “Mike in Helsinki” for the heads up.]
Must be OJ’s jury.

71 Comments

  1. Amazing how hard it is to actually get facts right. They wrote:

    ” “According to reports, nearly 1 million iPhones have been sold in its first 10 days. Apple has set a public target of selling 10 million devices by the end of the year.””

    Um, no, by the end of 2008 is the target for 10 million.

  2. When will Apple release first figures on iPhone’s success? I’d suggest some guys will be very unhappy then (Redmond someone? ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />).

  3. Comment from: Moo
    Amazing how hard it is to actually get facts right. They wrote:

    ” “According to reports, nearly 1 million iPhones have been sold in its first 10 days. Apple has set a public target of selling 10 million devices by the end of the year.””

    Um, no, by the end of 2008 is the target for 10 million.

    Jul 11, 07 – 02:30 pmComment from: Bert
    er… I think it was 10 million devices by the end of 2008, actually

    Jul 11, 07 – 02:30 pmComment from: tuskenjedi
    I thought the 10 million was the target for the end of 2008.

    Jul 11, 07 – 02:31 pmComment from: tilv
    Not true, the 10 million mark should’ve been reached in 2008. These guys can’t even read…

    Jinx!!!

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.