iPhone 5 Represented 21% of Verizon's 3.1 Million iPhone Activations in 3Q 2012
Verizon today became the first major U.S. iPhone carrier to report earnings for the third quarter of 2012, giving some insight into iPhone sales one week before Apple reports its numbers.
In a conference call following the earnings release, Verizon revealed that it activated 3.1 million iPhones during the quarter, representing approximately 46% of its total smartphone activations of 6.8 million. The iPhone activation number was up from 2.7 million in the previous quarter that saw Apple garnering a similar 45% share of Verizon's smartphone activations.
Addressing the iPhone 5, Verizon noted that 21% of its iPhone activations were for devices running on the carrier's LTE network, translating to about 650,000 iPhone 5 activations in the last few days of the quarter.
AT&T and Sprint will also be reporting their financial results next week, ahead of Apple's announcement and conference call following the close of trading on Thursday, October 25.
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Top Rated Comments
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And what does that really say about the SGIII? I constantly hear about how popular this phone is, but the iPhone seems to be killing it.
650k in 10 days...
I keep hearing that the GS3 is this great big seller and iphone 5 killer yet no one ever wants to talk about its specific activations.
that doesn't seem like a whole hell of a lot.
Verizon sold 650k iPhone 5s. Under constrained supplies. Within the last 9 days of the quarter.
And you use the word ONLY?
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My current family plan vs. a family share plan with 4gb of data (even this month with my iPhone 5 on LTE which has gone almost a full cycle, we are using just barely 3gb) is the exact same price. My mom has been hesitant to move to a smart phone because she wouldn't use enough data to justify the $30/month for the data plan, but now that it's only $10 more than a dumb phone for access, it will allow her to finally move without adding much to our plan.
Not to mention the jump from 4gb to 6gb of shared data is only $10, and now I can add an iPad for $10/month as well.
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I'm 90% sure this is just incorrectVerizon LTE is faster than AT&T LTE.
Also, I'd be willing to bet that 99.9% of the people on Verizon don't buy two phones to get data and voice to work at the same time, because we acknowledge that the few times we would ever use it (I use about 90 minutes of voice a month, and 99% of that time I'm connected to wifi anyway) are worth giving up in order to have more reliable service and more widespread LTE.
Guys,
Don't forget hundreds of thousands of people on Verizon who simply are NOT eligible for an upgrade; those who got the iPhone 4 when it was released in Feb 2011