Verizon Q2 2011 results: 2.3 million iPhones activated
Verizon has now joined Apple and AT&T in reporting their quarterly earnings, and the big news for us is that they activated 2.3 million iPhone 4 devices. That's up from last quarter, but perhaps not as many as expected.
In the follow up, new Verizon CEO Lowell McAdam acted shocked -- shocked we tell you -- that there was no iPhone 5 this summer. He, like the rest of us, expect it this fall. Given Verizon only launched iPhone 4 in February, over a half-a-year later than AT&T, it's hard to believe they were completely out of the loop on Apple's roadmap this time around.
Either way, Apple previously reported selling 20 million iPhones this quarter, and AT&T activated 3.6 million. That means 5.6 million of those 20 million iPhones were activated on an official US carrier, and further proves just how much of Apple's business is increasingly international (gray market included.)
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.
By Kevin Lynch