iPhone Activations Rise 25% at Verizon, Account for 55% of New Smartphones
Verizon reported activations of 7.2 million smartphones during the quarter, and TechCrunch notes that on the company's conference call the carrier revealed that 4 million of those were iPhones, which corresponds to 55% of total smartphone activations. Verizon also noted that the iPhone 5 accounted for roughly half of iPhone activations on the carrier, with the iPhone 4S and 4 accounting for the remaining half.
Verizon's overall iPhone numbers are down from 6.2 million iPhones representing nearly two-thirds of Verizon activations last quarter, but the fourth quarter of 2012 was the launch quarter for the iPhone 5, skewing the company's numbers.
A more relevant comparison comes from the first quarter of 2012, which saw Verizon activate 3.2 million iPhones for just over half of the carrier's total smartphone activations in a quarter when Apple shipped 35.1 million iPhones worldwide. Those numbers show that iPhone activations on Verizon rose 25% year-over-year and are giving Wall Street analysts optimism that Apple may meet their overall targets for the quarter, which are generally in the 35-37 million range.