Verizon sales of the Apple iPhone 4 are slowing says Goldman Sachs analyst
Bloomberg was told by Goldman Sachs analyst Jason Armstrong that Verizon will most likely see a slight drop off in Apple iPhone 4 sales in Q2 from Q1 despite having an extra month of selling time in the second period. Verizon started offering Apple's touchscreen handset in the second month of the first quarter and racked up sales of 2.2 million units of the device. Armstrong expects Big Red to have sold just a touch under that 2.2 million sales figure for Q2.
Although you might think that Big Red would sell more Apple iPhone 4 units with a full 3 month quarter to work with, heavy anticipation of the launch of the iPhone by Verizon customers led to a surge in demand once the phone was launched on February 3rd. And while we are loath to report something that might set off the fanboy wars once again, the analyst recently sat in on a meeting with Verizon's investor relations personnel and was told that the rest of Verizon's smartphone line up exceeded expectations in the second quarter.
source: Bloomberg via BGR
FCC OKs Cingular\'s purchase of AT&T Wireless
Things that are NOT allowed: