Even As Wall Street Gets Stupider About AAPL, Verizon Sells More iPhones Than Ever

By

verizon-iphone-screen-flickr

Here’s an interesting tidbit for you: even as Apple’s stock price has plunged below $400 as twitchy Wall Street investors panic upon rumors that iPhone and iPad demand has slowed, Verizon Wireless has reported that they activated 4 million iPhones in the last quarter. That’s 500,000 more than was estimated, an 84% increase year-over-year in iPhones activated: overall, it means that almost 56% of all phones Verizon sold last quarter were iPhones.

So can everyone calm down about iPhone growth slowing, already? We’ll know the truth when Apple announces their financial earnings next Tuesday, April 23rd.

Source: Verizon

Newsletters

Daily round-ups or a weekly refresher, straight from Cult of Mac to your inbox.

  • The Weekender

    The week's best Apple news, reviews and how-tos from Cult of Mac, every Saturday morning. Our readers say: "Thank you guys for always posting cool stuff" -- Vaughn Nevins. "Very informative" -- Kenly Xavier.