Verizon Sells 2 Million iPhones in Q3 2011

Verizon today announced financial results for the third quarter of 2011, and as noted by AllThingsD in a live blog of the conference call following the release, the carrier revealed iPhone sales of two million units for the quarter. The number is a slight decline from the 2.3 million activations seen in the previous quarter, a 13% drop that Verizon attributed to launch timing for the iPhone 4S.

Verizon Wireless added 882,000 subscribers on contract-based plans. That was a slowdown from iPhone-fueled results earlier in the year -- Verizon started selling the coveted smartphone in February. Analysts had expected about 950,000 additions in the quarter.

Analysts were in general caught flat-footed by the effect of the delayed iPhone launch, underestimating how much people were holding back.

AT&T yesterday announced 2.7 million iPhone activations during the third quarter, still ahead of Verizon but a more significant 25% drop from its 3.6 million activations in the previous quarter.

Top Rated Comments

lazyrighteye

128 months ago

What surprised me was the record setting opening weekend sales figures. Astonishing. Not saying the 4S isn't worthy, but I wonder how those sales figures would have looked if there was also a hardware redesign. Anyway, those numbers make all those claiming "if the hardware looks the same, it's a flop" look exactly as silly as they sounded.

More surprising is that people continue to doubt Apple at every turn. It's gotten a bit humorous. Take it or leave it: Apple has been making all the right moves. And shows no signs of slowing. It's actually quite difficult to fully appreciate in real-time. Looking back, I suspect it will seem so much more remarkable.

Score: 1 Votes (Like | Disagree)

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