Verizon sells 7.5 million smartphones in Q2, 3.8 million of them were iPhone

Verizon's Q2 earnings are out today, showing smartphone sales of 7.5 million units, with 51% of those being iPhone. That works out to about 3.8 million iPhones sold by Big Red in the quarter. Also of note is that LTE device sales sits at 6.4 million units for the same period of time, and that the LTE coverage now sits at 99% of the carriers 3G footprint. Verizon CEO, Lowell McAdam:

“Having posted double-digit earnings growth in five of the last six quarters, we are focused on continuing to provide the best portfolio of products on the most reliable networks; capturing incremental revenue growth in broadband, video and cloud services; and sustaining our earnings and cash-flow momentum.”

Smartphone adoption also continued to grow, with 64% of Verizon customers now on a smartphone compared to 61% the same time 12 months ago. Another successful quarter for Verizon, but likewise for iPhone sales. Just over half of all smartphones Verizon sold in the three-month Q2 were iPhone. Doom-and-gloom stories haven't been so prevalent in recent times, but it's still positive news from one of the biggest carriers in the U.S.

Of course, we now enter a quarter where many will be hoping to see a new iPhone towards the tail end of, or in the early parts of the following quarter. So, it wouldn't be a surprise to see numbers slow up a little as folks perhaps hold out for the new hardware. But taking over half Verizon's smartphone sales is a win for Apple.

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Richard Devine

Senior Editor at iMore, part time racing driver, full time British guy

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Reader comments

Verizon sells 7.5 million smartphones in Q2, 3.8 million of them were iPhone

2 Comments

Here's what I don't get. Half of the phones VZW sold were iPhones. Yet there's also these rumors floating around that they're on the hook for a crapload of money because they're not enough. What kind of contract did they sign exactly? 50/50 iOS everyone else seems about where it should be.

Verizon has it's LTE covering 99% of it's 3G Network. That may be so but in the Boston area Verizon's LTE Netrwork is so bogged down it is pathetic. I use to get over 20mb down and 5 up during the day, now I don't get LTE at all. I get Very slow 3G. I had unlimited data with Verizon and it was useless. I said screw it and looked to every Carrier, T-Mobile's HSPA+ Network in my area blows away Verizon, AT&T and Sprint's LTE Network. I'm talking much faster, T-Mobile just lit up their LTE in my area as well. Now if I want to I can shut my LTE radio off and use the HSPA+ Network and save battery. The HSPA+ Network is giving me 15mb down and 7 up during the day and at night even faster. If I want to get some crazy ass speeds I can turn on my LTE radio. T-Mobile's LTE is giving me during the day around 25mb down and 9mb up. That is one great choice to have. I also have real unlimited data with tethering. In my case T-Mobile is a no brainer. I will tell anyone who may be unhappy with their Carrier and have T-Mobile service in their area to give them a try. I bought my iPhone 5 in white with 64gb storage from T-Mobile, had it unlocked and can use it just about anywhere. Give T-Mobile a try you just might be surprised, best move I ever made with my mobile phone.