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iPhone accounts for more than 50% of Verizon Phone Sales in Q1 2012

Apr 19 2012, 10:16am CDT | by , in News | Apple

iPhone accounts for more than 50% of Verizon Phone Sales in Q1 2012

Verizon released their financial data for the first quarter of 2012 today, revealing the number of Apple iPhones sold.

The market is eagerly awaiting next Tuesday's (April 24th) release of Apple's Q2 financials. Apple is now a big factor on NASDAQ and Apple's numbers are seen as a major indicator for the whole tech sector. Right now most analysts expect Apple to report lower numbers compared to the record setting previous quarter. Today the first real indicator of iPhone sales has emerged.

Verizon Wireless revealed in their earnings call today that they sold 3.2 million iPhones in the last quarter. This is down 1.1 million compared to the previous quarter that contained the iPhone 4S launch. The impressive thing though, is that this number means that more than half of all phones sold by Verizon are iPhones. Verizon sold over 6.3 million phones last quarter.

Overall it is expected that Apple sold about 37 million iPhones globally last quarter, slightly lower than in Apple's record setting Q1.

More details on MacRumors.

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