Verizon iPhone Sales Slower Than Expected?

Posted Feb 16, 2011 at 2:47PM EST by QJ Staff

Listed in: Apple iPhone 4 Tags: apple, ios, news

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After an initial flurry of preorder activity, sales of the Verizon iPhone have slowed down, so that the new CDMA model is barely outselling the existing iPhone 4 from AT&T. Boy Genius Report leaked some figures on first-week sales of the Verizon iPhone from five Apple stores, and they’re less than impressive: Thursday: Verizon = 909, AT&T = 539 Friday: Verizon = 916, AT&T = 680 Saturday: Verizon = 660, AT&T = 471 Sunday: Verizon = 796, AT&T = 701 Monday: Verizon = 711, AT&T = 618 So what happened to all those Verizon customers who’ve been eagerly awaiting their chance to get an iPhone and the fed-up AT&T subscribers dying to switch? A significant number of both are probably waiting for their current contracts to expire so they can avoid paying those nasty early termination fees. Others are holding out for the iPhone 5 coming this summer. Was February really the prime time to launch a slightly different version of a phone that’s been out since last June and will be replaced in four more months?

Since a mere 14% of the early Verizon iPhone buyers were switching from AT&T, that doesn’t indicate a mass segment of the carrier’s base jumping ship at the first opportunity. Twice as many—30%—were former Android users. One bright side of the lukewarm sales figure is that the new converts to Verizon have not caused any evident slowdown to the network, so maybe a gradual influx of new traffic is a blessing in disguise.

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