Verizon sold 4M iPhones in Q1

The breakdown of iPhone sales at the carrier was split evenly between the iPhone 5 and older models.

CNET

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 4G LTE devices in the period. More than half of its data traffic -- 54 percent -- is on the 4G LTE network, and 40 percent of smartphones and 63 percent of its Internet devices are now on 4G LTE.

Verizon earlier Thursday reported strong first-quarter results , including adding a net 677,000 new contract subscribers.

 

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