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Q1 2012 Mobile Phone Sells for the Worst in Years

First decline in postpaid subscribers ever

Apr 13 2012, 3:00pm CDT | by

11 Updates
Q1 2012 Mobile Phone Sells for the Worst in Years
 
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Q1 2012 Mobile Phone Sells for the Worst in Years

All Things D reports that cell phone sales in Q1 of this year were the worst in many years. In fact, the numbers show that this may be the first quarter that the number of postpaid customers actually declined. Analysts from Jefferies are pointing at the huge iPhone launch last quarter as the reason.

According to those analysts, this slump after the launch of the iPhone isn't unexpected. Apparently, when the iPhone launched it was so popular that everyone that had waited for the iPhone and wanted a new smartphone jumped on the iPhone bandwagon last quarter. There were modest gains for AT&T and Verizon. However, both T-Mobile and Sprint both saw declines in postpaid subscriber numbers for Q1.

 

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Update: 11

Verizon tops Q2 expectations as tablet demand drives growth (Roger Cheng/CNET)

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Roger Cheng / CNET: Verizon tops Q2 expectations as tablet demand drives growth  —  The company added 1.15 million new tablets in the period, offsetting a slowdown in smartphone growth.  —  Verizon CEO Lowell McAdam.  —  Verizon's customer growth bounced back in the second quarter, thanks to a p ...
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Verizon on Tuesday posted second-quarter results that topped Wall Street's expectations as huge tablet sales offset the continued decline of cell phone contract additions. Verizon posted earnings of $1.01 per share, or $4.34 billion in profit, which is down significantly from the $5.2 billion profit it recorded in the year-ago quarter. Revenue climbed nearly 6% to $31.48 billion, however. The nation's top carrier only added 304,000 net new cell phone subscribers in the quarter, but 1. ...
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Update: 6

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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