Verizon sells 4.2 million iPhones over holiday quarter

Updated
Advertisements

Speaking at the Citi Global Entertainment Media & Communications Conference, Verizon CFO Fran Shammo revealed that his company sold 4.2 million iPhones in the final three months of 2011. According to StreetInsider, Shammo said the company sees a 500 to 600 basis point drop on the iPhone moving forward, although no specific timeframe was provided. The number is more than twice the company’s iPhone sales figure for Q3; Apple sold over 17 million iPhones worldwide during that period. Apple will announce its holiday earnings and sales figures on January 24.

Advertisements

Charles Starrett

Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.