Verizon Activated 2.2 Million iPhones in Q1 - HotHardware
Verizon Activated 2.2 Million iPhones in Q1

Verizon Activated 2.2 Million iPhones in Q1

Underscoring why Verizon Wireless made such an aggressive push to secure rights to sell Apple's iPhone, the wireless carrier today announced activation figures for the coveted smartphone, saying it turned on service for 2.2 million iPhone devices in the first quarter alone. What's more, Verizon said the iPhone 4 produced the most successful first-day sales in the company's history when it was introduced in February to existing customers.


"In a period of less than eight weeks, we activated 2.2 million iPhones, and in two weeks, we activated more than 260,000 of our first 4G LTE smartphone, the HTC ThunderBolt, at the premium price of $249.99," Verizon CFO Fran Shammo said during a conference call with analysts. "In addition, we added about 250,000 4G Internet devices to our retail postpaid base in the quarter and quickly sold out iPad 2 tablets in early March, so we built good momentum throughout the quarter."

Verizon also disclosed a 6.3 percent year-over-year increase in wireless service revenues in Q1 2011, with data revenues up 22.3 percent.  By comparison, rival AT&T saw a 10.2 percent revenue growth in the wireless sector and activated 3.6 million iPhones in the same time period.
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That is a lot of sheep! Makes me nervous for the future, hopefully I'm not the only anit-apple person left. Did anyone else see the price tag on the new droid charge coming to big red? 299 with 2 year contract, yikes!

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I like how he says the "premium price of..."

a.k.a. "Suckers!"

anyway...they can add me as a new customer when they finally release the SII, but i'll be buying it from a 3rd party for sure.

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2.2 Million iPhones that ATT did not get :) While the battery life is far better on the iPhone I think I will stick with my Android device on the Sprint network. I can't afford Verizon's premium price for the services they offer even if it is better coverage.

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@omeqadraco

I'm in the same boat. Would love one of the newer nicer smart phones, but the prices that most of the carriers charge are just too much. Right now I've got plan(prepaid, sucky credit) with T-Mobile for 59.99 a month for 500 anytime(not a lot I know, but plenty for me) with free nights/weekends and unlimited text/data usage.(which i use the most)

I've shopped around but haven't been able find anything comparable. At least not within my budget. ;-(

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Wow, that's some insane number of phones. Guess people really like Verizon over ATT.

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I think this is nothing compared to what we will see if and when the iPhone 5 shows up. I don't know they seem to be loosing market share to Android especially on Verizon though because Apple would not or did not release it on biig red for so much time that they were automatically where DROID started to rule. I personally think Apple is going to the same place they went to in the Initial PC market.

I don't think they will loose as much market share as then really, but I think there future market will be 1/2 to 1/3 of what it is now in say 5 years specifically in smart phones. There tablet market which I see as separate may or may not see that number of lost users. There App market and ITunes also has a large following which I think will last to the most amount.

I could very well be wrong but that's what I see.

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