Verizon iPhone Sales Are 2.7 Million Units, Down 16% On A Quarterly Basis

Tim Cook Verizon iPhone press conference

Photo: Dan Frommer, Business Insider

Verizon reported earnings that were better than expected this morning.The one data point people always like to look for in Verizon (and AT&T) earnings is iPhone activations.

BTIG analyst Walter Piecyk tweeted iPhone sales were 2.7 million for the second quarter, which is down 16% on a quarterly basis. He was expecting 3.4 million.

Sounds bad, but we wouldn’t read too much into this. Last quarter, Verizon and AT&T saw big sequential drops in iPhone activations. This caused a bunch of analysts to panic and slash overall iPhone numbers.

Apple still blew away analysts’ numbers. The iPhone is an international sensation. Approximately 74% of iPhone sales were outside of the US last quarter.

Don’t Miss: The Truth About The iPad: How People Are Actually Using Apple’s Tablet Computer

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

iphone sai-us verizon