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VZW Revenue Up; Smartphones 50% Market Penetration; More Androids Sold than iPhones

Discussion in 'Android News' started by dgstorm, Jul 19, 2012.

  1. dgstorm
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    dgstorm Editor in Chief Staff Member Premium Member

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    Verizon Wireless released their earnings report for Q2, and things are very rosy for Big Red. Their revenues continued to grow and they finally broke the 50% market penetration barrier with smartphones. That basically means that 50% of all cellular devices sold by Verizon during the last quarter were smartphones. They also shared the numbers for the two big smartphone manufacturers, and Andy came out on top. There were 2.9 million Android devices sold vs. 2.7 Million iPhones sold.

    Here's a quote from their press release with some self-congratulatory back-patting:

    Source: Verizon
  2. cobravnm13
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    cobravnm13 Well-Known Member

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    Of course their revenue went up. They're charging people out the butt for more than they should.

    Sent from my 3rd reincarnation of the ever-so-lovable Droid
    2 people like this.
  3. johnomaz
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    johnomaz Well-Known Member

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    Of course more Android were sold than iPhone. VZW is pushing LTE big time. I went in the local VZW store to end my account and in that 30 minutes or so, they sold about 6 people on the S3. Thats good as far as I care, the iPhone can die along with Apple, but their big thing was LTE that I overheard. Being on AT&T now using their HSPA network, its pretty damn fast. LTE in Modesto, CA was pretty bad. 10megs down and maybe 1.5 or so up. In HSPA, i'm at 10 down and 2 up.
  4. mountainbikermark
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    mountainbikermark DF Super Moderator Staff Member Premium Member

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    I like their reword for "locked into contracts" being "customer loyalty"
    Yeah the start of the second quarter was when they started the $30 activation fee for existing customers,aka pure net profit, so of course their bottom line went up.
    Of course Android sales went up as well. There is 1 outdated Apple phone and the rest are Androids.
    Nothing new under the sun

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