Remember the good old days when we’d all speculate about how the then-mythical Verizon iPhone would pretty much bury poor old AT&T? That hasn’t come to pass six months after Big Red got their hands on Apple’s iconic handset, and they’re selling less units than their once-doomed rival as well.
AT&T may not have had the insane second quarter that partner Apple did, they’re still rockin’ the iPhone like a hurricane, with 3.6 million of the handsets activated over the last three months and nearly a quarter of those were new customers.
You’ve probably heard by now that Apple Inc. had another boffo quarter, with plenty of facts and figures to prove it -- not to mention record revenue of $28.57 billion. But one of the most interesting numbers shows how the iPad has overtaken the Mac in less than a year and a half.
With the second quarter of 2011 now just a memory, analysts are already looking ahead to the financial results anticipated by many tech companies. Among them are Verizon Wireless, who is predicted to show a drop in iPhone 4 sales ahead of the presumed September launch of the next model.
AT&T already announced their quarterly results earlier this week, throwing cold water on theories that the loss of their iPhone exclusivity would hurt them. Now rival carrier Verizon has divulged their own numbers for the same period, with their CDMA-based iPhone making up about a third of Apple’s U.S. handset sales for the quarter.
On Wednesday, Apple announced their financial results for the quarter ending March 26 (technically their fiscal second quarter). There was little bad news to go around, especially with the company’s largest non-holiday quarterly revenue (and earnings) to date.
If AT&T was sweating over losing their iPhone exclusivity back in January, they can rest easy now. According to their first-quarter financials, the carrier sold 5.5 million smartphones -- and 60 percent of them were from Apple.
After years of rumors about the iPhone landing on Verizon Wireless, when the announcement finally came in January, the actual launch of the iPhone 4 on the carrier seemed anti-climactic -- but fear not, the real excitement will come with the next model.
While AT&T isn’t saying goodbye to the iPhone entirely next month, they are saying farewell to their U.S. exclusivity for the handset -- but not before activating another 4.1 million of the handsets in the fourth quarter of 2010.
Netflix posted their quarterly earnings on Wednesday, and two of Apple’s products figured heavily in the company’s streaming business -- with the second-generation Apple TV actually surpassing the iPad in terms of streaming content viewed.