iPhone Represents 55% of Verizon's 4Q 2011 Smartphone Sales

earlier month, verizon wireless chief financial officer fran shammo noted carrier had activated 4.2 million iphones during fourth quarter of 2011, more doubling previous quarter's sales on momentum of iphone 4s launch , potentially signaling blockbuster quarter apple in iphone market.

verizon today officially announced earnings fourth quarter of 2011, revealing in conference call company activated 4.3 million iphones during quarter. carrier reporting total smartphone sales of 7.7 million units, iphone represented approximately 55% of carrier's smartphone sales quarter.

verizon wireless profit margins , net growth in retail customers​

smartphones account 44% of verizon's postpaid customer phone base, 39% in previous quarter. strong growth in smartphones such iphone reduced carrier's margins in wireless business during quarter absorbed heavy upfront subsidies paid manufacturers devices. verizon recover costs on length of customers' contracts, making carriers willing take short term hits profitability lock in smartphone customers on lucrative service contracts.

article link: iphone represents 55% of verizon's 4q 2011 smartphone sales

 

yeah outsold 4g devices combined double. beginning of end apple imminent.

 

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