Apple Watch Boosts Verizon Activations Amid Phone and Tablet Subscriber Loss

Verizon, the largest carrier in the United States by subscriber count, saw a monthly subscriber increase of 260,000 during the first quarter of 2018, reports Bloomberg, largely due to an increased number of smart watch activations.

The company actually lost phone and tablet subscribers last quarter, but the dip in subscribers did not hurt its bottom line because of smart watches, wearables, and other connected devices like vehicles.

verizonsubscriberincrease

Image via Bloomberg

Verizon says it added a total of 359,000 subscribers who are using smart watches and other devices during the quarter, making up for the loss of 24,000 phone customers and 75,000 tablet customers.

There was no breakdown in the number of activations by specific device, but Verizon's jump in smart watch subscribers comes following the September release of the Apple Watch Series 3, the first Apple Watch with LTE connectivity.

The Apple Watch Series 3 allows customers to use the Apple Watch sans iPhone for the first time, as it has its own cellular connection. Verizon and other carriers charge customers $10 per month to add a smart watch to an existing smartphone plan.

Verizon shared the numbers during its first quarter 2018 earnings results, released this morning. Verizon stock has since surged as much as 3.6 percent.

Related Roundup: Apple Watch Series 9
Tag: Verizon

Popular Stories

iPhone SE 4 Vertical Camera Feature

iPhone SE 4 Production Will Reportedly Begin Ramping Up in October

Tuesday July 23, 2024 2:00 pm PDT by
Following nearly two years of rumors about a fourth-generation iPhone SE, The Information today reported that Apple suppliers are finally planning to begin ramping up mass production of the device in October of this year. If accurate, that timeframe would mean that the next iPhone SE would not be announced alongside the iPhone 16 series in September, as expected. Instead, the report...
iPhone 17 Plus Feature

iPhone 17 Lineup Specs Detail Display Upgrade and New High-End Model

Monday July 22, 2024 4:33 am PDT by
Key details about the overall specifications of the iPhone 17 lineup have been shared by the leaker known as "Ice Universe," clarifying several important aspects of next year's devices. Reports in recent months have converged in agreement that Apple will discontinue the "Plus" iPhone model in 2025 while introducing an all-new iPhone 17 "Slim" model as an even more high-end option sitting...
Generic iPhone 17 Feature With Full Width Dynamic Island

Kuo: Ultra-Thin iPhone 17 to Feature A19 Chip, Single Rear Camera, Semi-Titanium Frame, and More

Wednesday July 24, 2024 9:06 am PDT by
Apple supply chain analyst Ming-Chi Kuo today shared alleged specifications for a new ultra-thin iPhone 17 model rumored to launch next year. Kuo expects the device to be equipped with a 6.6-inch display with a current-size Dynamic Island, a standard A19 chip rather than an A19 Pro chip, a single rear camera, and an Apple-designed 5G chip. He also expects the device to have a...
iPhone 16 Pro Sizes Feature

iPhone 16 Series Is Less Than Two Months Away: Everything We Know

Thursday July 25, 2024 5:43 am PDT by
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
icloud private relay outage

iCloud Private Relay Experiencing Outage

Thursday July 25, 2024 3:18 pm PDT by
Apple’s iCloud Private Relay service is down for some users, according to Apple’s System Status page. Apple says that the iCloud Private Relay service may be slow or unavailable. The outage started at 2:34 p.m. Eastern Time, but it does not appear to be affecting all iCloud users. Some impacted users are unable to browse the web without turning iCloud Private Relay off, while others are...

Top Rated Comments

toomanydatsuns Avatar
82 months ago
I don't think people stay with their cellular watch plan long. It's fun for a while then people realize they're wasting money on it.
My exact experience. I wanted stainless, didn't care about LTE. Figured I'd try it because of Verizon's promotion, but... All the apps I use regularly on the watch require a connection to my iPhone to function, so... What's the point? Some future watchOS that allows watch apps to operate more independently from the iPhone would make this really compelling. But then again, so would a first party Podcasts watch app, and we're all still holding our collective breath for that one.

So, right now, it's $10 a month so that I can make and recieve phone calls (which I do maybe twice a month, max), and stream Apple Music in the rare event that I go for an outdoor run somewhere that has good LTE coverage. Not really worth it. At least I get a bright red crown so I can let other people know that I have the new hotness.
Score: 9 Votes (Like | Disagree)
DEMinSoCAL Avatar
82 months ago
I don't think people stay with their cellular watch plan long. It's fun for a while then people realize they're wasting money on it.
Score: 7 Votes (Like | Disagree)
Appleaker Avatar
82 months ago
People might be trying it out, in the end it’s not going to succeed at the ridiculous $10 a month, especially with ‘increasing’ iPhone costs. It should be $5 and in cases where it’s the same as their phone plan but accessible via the watch, it should be free or at the very most $1 a month.
Score: 5 Votes (Like | Disagree)
cmwade77 Avatar
82 months ago
Wow, what a way to spin things, all of those watch activations are people who still have phones on Verizon, otherwise the watch service won't work anyway. So ultimately this means that while people added watches, overall they still lost subscribers, they just got some subscribers to add watches.
Score: 2 Votes (Like | Disagree)
TheRealTVGuy Avatar
82 months ago
My exact experience...

So, right now, it's $10 a month so that I can make and recieve phone calls (which I do maybe twice a month, max), and stream Apple Music in the rare event that I go for an outdoor run somewhere that has good LTE coverage. Not really worth it. At least I get a bright red crown so I can let other people know that I have the new hotness.
I know everyone has their own use case, but my experience has been quite the opposite. I’m on the lake quite a bit with my jet ski, and LOVE the fact that I can stay in touch having nothing but my watch on me. Well that and a wetsuit. ;)
Score: 1 Votes (Like | Disagree)
Swift Avatar
82 months ago
The cellular companies hated subsidizing all those iPh es and the premium Androids. But the thing is, it kept me logged into AT&T for years, with my Steve Jobs original account. It tied people in. Now, people are happing in and out like crazy. Since I left AT&T two years ago, I've been with T-Mobile, then I switched to Virgin and took advantage of a plan where the first 6 months would cost you $1 a month. Kept the old iPhone 6 going. Six months and $6 later, I decided to go for the iPhone X. I went to Sprint but then immediately a T-Mobile plan to get two lines and each one costs $35. So I got the iPhone X for $30 a month plus $35 for my line, unlimited everything, and MLB.tv for free. You know, they probably would have done better to give us the phones on the front end and get us paying for it in the back end. You didn't used to be able to switch phones when you felt like it. You could pay after you paid for 23 months. Now, my plan means if I like, I can switch to a newer phone-- the 9, anyone? the XI? -- after a year. To be clear, the relationship with the popular phones was monopolistic. You had to keep the phone, and the network, until it was paid off. Not any more. Guess that special deal you made with Jobs wasn't so bad, after all. And the lost 24,000 phones and tablets? The gaining of hundreds of thousands of phones and tablets is not as important as the leaving of 24,000.
Score: 1 Votes (Like | Disagree)