“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.]
Related article:
Verizon Q3 profit up 15% to $1.6 billion; growth likely driven by Apple’s iPhone 5 debut – October 18, 2012
Maybe now VZW will stop treating the iPhone as a second class citizen amongst its smartphone offerings?
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Not likely. None of the carriers seem to give Apple much “boost”. Usually, you can hardly find an Apple poster in the stores never mind demo units. I was told at one store they never have iPhone demos because people steal them. I guess people don’t steal the competition.
These sales numbers appear to be very strong, indeed. This is especially true when you consider they haven’t even started selling “unlocked” iPhones yet! I travel too much to not have an unlocked phone. The travel charges are just too outrageous.
The way Verizon treats Apple products in promotions is understandable. Although it fights against higher sales for Apple’s products, it’s all business. Apple’s products tend to be so outstanding and already have such great advertising that promoting Apple products even further may cause Verizon to lose more power in the smart phone market. It would be great for the consumer, but imagine Verizon’s position if Apple demands the carrier to provide larger subsidies.