“Verizon announced its quarterly earnings on Thursday, revealing that the nation’s largest carrier sold a total of 3.1 million iPhones in the three-month span, with 650,000 of those being the new iPhone 5,” Sam Oliver reports for AppleInsider.
“The iPhone 5 sales represent just a week’s worth of the company’s September quarter. The iPhone 5 went on sale in late September in the U.S. at carriers Verizon, Sprint and AT&T,” Oliver reports. “While Verizon is the largest wireless carrier in the U.S., sales of the iPhone are typically larger at AT&T, because AT&T was Apple’s exclusive carrier partner for years. AT&T will report its own quarterly earnings next week on Oct. 24, while Apple will report its results a day later.”
Oliver reports, “The iPhone accounted for 46 percent of the 6.8 million smartphones Verizon sold in the quarter.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Jax44” for the heads up.]
Verizon Q3 profit up 15% to $1.6 billion; growth likely driven by Apple’s iPhone 5 debut – October 18, 2012