Thursday, July 18, 2013, 06:06 am PT (09:06 am ET)
Apple's iPhone accounted for 51% of all smartphone activations at Verizon in Q2More than half of all smartphone activations in the second quarter at Verizon, the largest wireless provider in the U.S., were accounted for by Apple's iPhone, the carrier announced in its earnings on Thursday.
Verizon activated a total of 7.5 million smartphones in the quarter, with about 27 percent of those new to the carrier. During a conference call with investors and members of the media, Verizon Chief Financial Officer Fran Shammo revealed that 3.8 million of those smartphones were Apple's iPhone.
In comparison, Verizon activated just 2.7 million iPhones in the same quarter a year ago. That means iPhone activations grew 41 percent year over year at Verizon.
The numbers also show that Apple's share of Verizon's smartphone activations continues to grow. A year ago, the iPhone accounted for less than half of all Verizon activations, as the carrier saw 2.9 million Android-based devices added to its network.
Apple also managed to maintain more than half of all smartphones activated at Verizon during the quarter despite the fact that Samsung launched its latest flagship handset, the Galaxy S4. Verizon did not provide a breakdown of exactly how many of the remaining 3.7 million smartphones were Android devices.
Verizon also didn't say how many of the iPhones activated last quarter were Apple's latest iPhone 5 versus the legacy iPhone 4S and iPhone 4. But the carrier did disclose that it activated 6.4 million 4G LTE devices during the quarter, including Apple's latest iPhone and iPad models.
For the quarter, Verizon's wireless business saw revenues grow 7.5 percent year over year to $20 billion. Total net retail connections were up by 1 million.
"Verizons consistent strategic investments in wireless, FIOS and global networks drove strong financial performance in the first half of 2013, said Verizon Chairman and CEO Lowell McAdam. "Having posted double-digit earnings growth in five of the last six quarters, we are focused on continuing to provide the best portfolio of products on the most reliable networks; capturing incremental revenue growth in broadband, video and cloud services; and sustaining our earnings and cash-flow momentum."
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