Verizon iPhone Sales More Than Double to 4.2 Million in Holiday Quarter
Verizon Wireless Chief Financial Officer Fran Shammo today participated in Citi's Global Entertainment, Media & Communications Conference, and as part of his presentation revealed some iPhone sales numbers for the carrier. As noted by StreetInsider.com, Shammo announced that Verizon sold 4.2 million iPhones during the fourth quarter of 2011, a quarter which saw the launch of the iPhone 4S.
That performance more than doubled the previous quarter's sales of 2.0 million iPhones. Overall, Apple sold just over 17 million iPhones during that third calendar quarter, and while it is difficult to extrapolate Apple's total fourth quarter sales from the performance of a single U.S. carrier, the 4.2 million number could at least put Apple in the range of 35 million iPhones for the quarter across all carriers and markets. Apple today announced that it will report its holiday quarter sales and earnings numbers on January 24.
As a result of the strong performance of the iPhone 4S, Verizon is projecting a reduction in its profit margin as it absorbs the upfront subsidies paid to Apple for the device. Those subsidies will, however, be recouped over time from subscribers' service contracts.
Popular Stories
Apple is expected to unveil iOS 27 during its WWDC 2026 keynote on June 8, and there are already many rumored features and changes for iPhones.
The first developer beta of iOS 27 will likely be available immediately following the keynote, and a public beta typically follows in July. Following beta testing, the software update should be released to all users with a compatible iPhone in...
Apple refreshed the 14-inch and 16-inch MacBook Pro with M5 Pro and M5 Max models in March 2026, but depending on your needs and interests, you might want to skip this generation because there's something better in the works.
The M5 Pro and M5 Max MacBook Pro models have faster chips, but the same design that Apple has used since 2021. An updated design with new display technology and faster ...
Apple today released a new Pride Edition Sport Loop for the Apple Watch. The band features a rainbow design with 11 colors of woven nylon yarns.
The new Pride Edition Sport Loop is available to order now on Apple.com and in the Apple Store app in 40mm, 42mm, and 46mm sizes, and it will be available at Apple Store locations starting later this week. In the U.S., the band costs $49.
There...
