Sunday, April 24, 2011

Verizon, AT&T sold less than 30% of iPhones shipped in 1Q 2011

Both AT&T and Verizon have announced their financial results for the first quarter of 2011, and both carriers had a few interesting data points to share regarding iPhone sales. While the launch of the iPhone 4 on Verizon broke sales records for the company, it hasn't been the sales miracle some originally predicted. Regardless, both AT&T and Verizon combined were only responsible for about 29 percent of Apple's record-busting iPhone 4 sales for the quarter, revealing that international markets are becoming increasingly more important to Apple.

Verizon announced on Thursday that it activated 2.2 million iPhones for the quarter. That number may seem low given that the launch of the CDMA iPhone 4 broke Verizon's previous launch day sales numbers by a significant margin, but Sterne Agee analyst Shaw Wu had predicted Verizon would move between 2 million and 3 million units per quarter. The fact that the iPhone hasn't yet adopted LTE might not be the handicap that some believe—Verizon only activated about 260,000 LTE-capable HTC Thunderbolts in its first two weeks of availability. That's in sharp contrast to an analyst prediction that the Thunderbolt would "best" iPhone sales.

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