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Old Jul 18, 2013, 10:00 AM   #1
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Verizon Tops Expectations with 3.9 Million iPhone Activations in Q2 2013




Verizon today became the first of the major U.S. iPhone carriers to report financial results for the second quarter of 2013, revealing during its conference call that the carrier activated approximately 3.9 million iPhones during the quarter. The number represents a little over half of Verizon's 7.5 million total smartphone activations during the quarter and is up approximately 44% from the year-ago quarter.

The 3.9 million iPhone activations on Verizon also topped analyst expectations in the range of 3.5 million.

Verizon also reported that it has essentially completed rollout of its 4G LTE network, covering 99% of its 3G footprint with LTE. The carrier's LTE network now covers 301 million people, or 95% of the U.S. population, in over 500 markets. That LTE network is also now handling 59% of Verizon's total data traffic, with 33% of postpaid customers currently using LTE-compatible devices.

Finally, Verizon announced that 64% of its postpaid customer base is now on smartphones, up from 61% at the end of the previous quarter.

Apple will announce its quarterly earnings next Tuesday, July 23.

Article Link: Verizon Tops Expectations with 3.9 Million iPhone Activations in Q2 2013
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Old Jul 18, 2013, 10:21 AM   #2
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So... Are they having a hard time selling those iPhones or...?
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Old Jul 18, 2013, 10:25 AM   #3
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Wow that LTE rollout was a lot faster than I expected! Good to hear for when I upgrade my 4S, Verizon 3G sucks.
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Old Jul 18, 2013, 10:29 AM   #4
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Looks like no one cares about this news! Only 2 replies and one sarcastic comment.
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Old Jul 18, 2013, 10:34 AM   #5
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No one wants a 4" screen...Isn't that the mantra of the Apple trollers?
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Old Jul 18, 2013, 10:43 AM   #6
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I must have been living in the 1% of their old 3G network the last three days. It might be by population and not area.

Does anyone know gown this compared to numbers released a couple weeks ago? I can't find the link and the slow pre 3G network (GPRS) is painful. I recall it had the iPhone quite a bit below 50% on Verizon.
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Old Jul 18, 2013, 11:40 AM   #7
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This seems interesting in that these statistic fly in the face of other reports that the iphone sales are slowing. If half of all phones sold by verizon and att are apple phones, I am guessing that the slowdown must be in other countries
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Old Jul 18, 2013, 11:45 AM   #8
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From all I was reading, I thought everyone was switching to T-Mobile ?
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Old Jul 18, 2013, 11:52 AM   #9
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The other 49% went in to buy an iPhone but were attacked with droids at the door and beaten senseless by Verizon employees until they finally gave in.
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Old Jul 18, 2013, 11:58 AM   #10
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Originally Posted by Cuban Missles View Post
This seems interesting in that these statistic fly in the face of other reports that the iphone sales are slowing. If half of all phones sold by verizon and att are apple phones, I am guessing that the slowdown must be in other countries
It said iOS devices....lots would be iPads

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Quote:
Originally Posted by Cuban Missles View Post
This seems interesting in that these statistic fly in the face of other reports that the iphone sales are slowing. If half of all phones sold by verizon and att are apple phones, I am guessing that the slowdown must be in other countries
That could be the case. Has anyone else heard of the markets where iPhone sales are decreasing?
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Old Jul 18, 2013, 12:02 PM   #11
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Originally Posted by KdParker View Post
It said iOS devices....lots would be iPads
Valid point. My mistake. Howeve, isnt the point still the same. iPads are slowing in sales as well according to the reports. I think the only thing the reports have said are increasing is the iPad mini. But could they be selling that many mini's to make up for all the losses that are reported in all other idevices? So my point is that in the end it seems to me the reports were wrong and that Apple is selling a more than what people think (at least in the USA). But the truth will be known in a week with the Apple Quarterly result.
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Old Jul 18, 2013, 12:09 PM   #12
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Wow that LTE rollout was a lot faster than I expected! Good to hear for when I upgrade my 4S, Verizon 3G sucks.
Yes their 3G sucks. Their LTE is wildly inconsistent. Some (most) places (I traveled this summer - Central FL to NH coast) get what AT&T users were getting on the 4S. But some spots (the bigger cities) it is pretty fast.

In any event, overall it is a decent speed, miles ahead of their 3G
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Old Jul 18, 2013, 12:13 PM   #13
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No matter what happens this news will help tank Apples share price.

If it is truly good news, then analysts will raise their estimates of Apple's sales at the last minute, so they can be "disappointed" next week.

If it is bad news in any way they will focus on only that.

No good news can help Apple in the stock market or in the press no matter how many products the company is selling.

It just doesn't matter. If Apple reduced lower priced phones and sells a zillion, analysts can complain about their margins.

If apple sells tons of high end products then a Analysts will bemoan their low market share.

If apple does well in china then we will hear only about how poorly the company is doing in Russia.

And where will we hear all the bad news first? You guessed it, from AI.

Okay rant ended lol.
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Old Jul 18, 2013, 12:23 PM   #14
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Originally Posted by KdParker View Post
It said iOS devices....lots would be iPads
What said "iOS Devices"? The OP is about smartphones.
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Old Jul 18, 2013, 12:25 PM   #15
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Originally Posted by 512ke View Post
No matter what happens this news will help tank Apples share price.

If it is truly good news, then analysts will raise their estimates of Apple's sales at the last minute, so they can be "disappointed" next week.

If it is bad news in any way they will focus on only that.

No good news can help Apple in the stock market or in the press no matter how many products the company is selling.

It just doesn't matter. If Apple reduced lower priced phones and sells a zillion, analysts can complain about their margins.

If apple sells tons of high end products then a Analysts will bemoan their low market share.

If apple does well in china then we will hear only about how poorly the company is doing in Russia.

And where will we hear all the bad news first? You guessed it, from AI.

Okay rant ended lol.
Spoken like someone who bought the stock at 700

Media manipulation is nothing new in the stock market or with Wall Street. If the fundamentals continue, the price will eventually settle accordingly. The runup to 700 in the first place should have never happened.
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Old Jul 18, 2013, 12:29 PM   #16
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Apple is doomed.

/for i(diots)Critics because no matter what for as long as it is not about new iGadgets announcements.

Oh, what 512ke said.
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Old Jul 18, 2013, 12:39 PM   #17
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Imagine how many more iPhones Verizon would have moved if sales reps had not steered customers away from Apple products by convincing people to buy an Android instead.
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Old Jul 18, 2013, 12:40 PM   #18
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Originally Posted by BaldiMac View Post
What said "iOS Devices"? The OP is about smartphones.
Correct....looks like they are only talking about the iPhone activations.
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Old Jul 18, 2013, 01:06 PM   #19
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From all I was reading, I thought everyone was switching to T-Mobile ?
Most of Tmobiles new customers are coming from Sprint and AT&T. Verizon's network is so vast that even with the people who leave them, there are just so many new customers that it offsets any customer loss.
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Old Jul 18, 2013, 01:07 PM   #20
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The other 49% went in to buy an iPhone but were attacked with droids at the door and beaten senseless by Verizon employees until they finally gave in.
I think 1 dude bought a Blackberry...
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Old Jul 18, 2013, 01:17 PM   #21
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No one wants a 4" screen...Isn't that the mantra of the Apple trollers?
It's opportunity lost, that's all.
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Old Jul 18, 2013, 01:19 PM   #22
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It's opportunity lost, that's all.
Opportunity for what? For whom? At what cost?
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Old Jul 18, 2013, 01:59 PM   #23
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I must have been living in the 1% of their old 3G network the last three days. It might be by population and not area.

Does anyone know gown this compared to numbers released a couple weeks ago? I can't find the link and the slow pre 3G network (GPRS) is painful. I recall it had the iPhone quite a bit below 50% on Verizon.
It's got to be population based, because we have HUGE swaths of Verizon area where it's only 3G (often without even having reliable data connection despite a good 3G signal) and even a ton of area that is not yet even 3G - drops to the little "o" (what is Verizon's 2G called?). I spent three whole days without touching an LTE signal, putting 1000 miles on the odometer around the northwest...

I am always running tests on my phone, and my friends do too on other carrier networks. Too keep carriers honest about their "coverage" statistics.

http://rootmetrics.com

I test wherever I travel...
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Old Jul 18, 2013, 02:00 PM   #24
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Originally Posted by Cuban Missles View Post
This seems interesting in that these statistic fly in the face of other reports that the iphone sales are slowing. If half of all phones sold by verizon and att are apple phones, I am guessing that the slowdown must be in other countries
You have to look at the source of those "reports". Many of these research firms have clients that want/need information to be portrayed in a certain light.

So they take a few isolated bits of info and declare that Apple has reduced orders of iPhones or some other nonsense.

Bottom line. Verizon's iPhone numbers bode well for apples iphone numbers for q2. I've updated my rough estimates and I'm coming up with 30.5 million iPhones now. This is with taking international sales at a conservative mix of 63%, vs. US at 37%
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Old Jul 18, 2013, 05:41 PM   #25
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No one wants a 4" screen...Isn't that the mantra of the Apple trollers?
Just because 50% of people are buying 4" iphones doesn't mean they wouldn't prefer a 4.5" iphone. A 10% increase in screen size would deter zero people from buying an iphone. A 10% decrease in screen size would deter millions of people.
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