iPhone 5 is fifty percent of Verizon’s sales

Photo credit: www.cultofmac.com

In the fourth quarter of 2012, Verizon Communications Inc. sold 6.2 million phones, with the iPhone accounting for more than 50 percent of the sales with a total of 3.1 million sold. The iPhone has been ranked as the top choice by carriers such as Sprint Nextel Corporation, Verizon Communications Inc. and AT & T Inc. Verizon sold almost half of the iPhones, including the 4, 4S, and 5, manufactured this year.

Verizon is the nation’s major wireless company with AT & T and Sprint as runner ups. The sale of iPhones accounted for two-third of all smartphones sold by Verizon last quarter. Verizon has also sold nearly 11 percent of Apple’s total iPhones manufactured during the last few quarters.

Verizon also has hopes that 2013 will turn out to be a significant year for them. The margin of profit expected by the company will lie between an average of 49 to 50 percent, which can be further accelerated by the addition of 5 million new consumers and growth of  the company’s “Share Everything” plans, in which consumers are required to pay per gigabyte.

Read more at WHDI Reviews

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