
Verizon Communications executives told Goldman Sachs Group analyst Jason Armstrong to expect a slight drop-off in iPhone sales when the carrier reports second-quarter results. “iPhone sales will likely be a touch below the 2.2 million,” Armstrong told Bloomberg BusinessWeek. Company executives told the analyst that sales of other smartphones were “above expectations”. For comparison, Verizon in the seven weeks of the iPhone sales during the first quarter activated 2.2 million units.
Not to worry, the drop-off was expected. Verizon customers, like everyone else, realize a new iPhone is most likely coming out this Fall so they aren’t keen on locking themselves out of the latest hardware by signing new iPhone 4 contracts. As a rule of thumb, consumer preference for current-generation hardware suffers in the quarter preceding a next-gen product launch.
Expand
Expanding
Close























