Verizon joined Apple and AT&T this week in releasing their quarterly results, and during the conference call revealed 2.2 million Verizon iPhone 4 were sold since launch, and that iPhone 5 looks to be a world phone. Overall, Verizon announced 6.3 percent year-over-year increase in revenues, data revenues up 22.3 percent, 1.8 million net new subscribers, and 104.0 million total connections, including 88.4 million retail customers.
Demand was strong for new LTE devices — as well as for Apple’s iPhone 4, which produced the most successful first-day sales in Verizon Wireless history when it was introduced in February to existing customers.
During the call, Verizon also said that the next iPhone, (presumably iPhone 5), whenever it is released (presumably this fall), will be a global device (presumably a hybrid CDMA/GSM iPhone 5).
The current Verizon iPhone already has a dual-mode Qualcomm CDMA/GSM chipset but the GSM radio is not enabled. Flipping that switch makes a lot of sense given Apple’s history of simple product lines and huge economies of scale.
There was not mention of LTE, which doesn’t rule it out but given Apple COO, Tim Cook’s comments during Apple’s conference call yesterday, we probably shouldn’t hold our breath until the technology requires less “compromises” (like poor battery life).
Did Verizon sell as many iPhones as you expected? Are you waiting on a world phone, or are you going to hold out for LTE? Let us know in comments!
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