Verizon sold 4M iPhones in Q1
Verizon Wireless sold 4 million iPhones in the first quarter.
The breakdown of iPhone sales was split evenly between the iPhone 5 and older iPhones, Chief Financial Officer Fran Shammo said during a conference call Thursday.
The company sold 7.2 million smartphones in the period, with 28 percent going to customers new to Verizon. Shammo declined to provide a figure for Android sales.
In total, Verizon sold 9.7 million devices on a contract basis, with 87 percent of those being phones of some sort.
The 4G LTE push continued in the first quarter. Verizon activated 5.9 million … Read more