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Verizon sales of the Apple iPhone 4 are slowing says Goldman Sachs analyst

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Verizon sales of the Apple iPhone 4 are slowing says Goldman Sachs analyst
Bloomberg was told by Goldman Sachs analyst Jason Armstrong that Verizon will most likely see a slight drop off in Apple iPhone 4 sales in Q2 from Q1 despite having an extra month of selling time in the second period. Verizon started offering Apple's touchscreen handset in the second month of the first quarter and racked up sales of 2.2 million units of the device. Armstrong expects Big Red to have sold just a touch under that 2.2 million sales figure for Q2.

Although you might think that Big Red would sell more Apple iPhone 4 units with a full 3 month quarter to work with, heavy anticipation of the launch of the iPhone by Verizon customers led to a surge in demand once the phone was launched on February 3rd. And while we are loath to report something that might set off the fanboy wars once again, the analyst recently sat in on a meeting with Verizon's investor relations personnel and was told that the rest of Verizon's smartphone line up exceeded expectations in the second quarter.

source: Bloomberg via BGR

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58 Comments

1. Sniggly posted on 30 Jun 2011, 16:33 6 1

I like how articles here now refer to the Fanboy wars in the comments. :)

The dropoff is expected; not only is LTE picking up speed, but the iPhone 5 is supposed to be only a couple of months away.

2. alecgale posted on 30 Jun 2011, 16:42 5 4

the iphone 5 is just a myth like the droid bionic

4. jroc74 posted on 30 Jun 2011, 17:28 3 1

lol! I had to thumb this up for making me laugh...

41. Timmay! (unregistered) posted on 01 Jul 2011, 04:30 3

I don't give a crap. Crapple is too busy suing everyone from fan boys to samsung and secretly working on their iphone 20gs with super led retina+ display and 18megapixel dual cameras that can be used with facetime, but only if your connected to wifi on a t3+ connection. It will also include the revolutionary swipe down notification menu that they copied from google. They also have plans to patent that notification menu and sue google for using it. Thats right, you heard it. APPLE = COPYING INNOVATION THEN SUING the innovators.

23. testman22 posted on 30 Jun 2011, 22:19 1

Not to mention the iphone 4 is almost a year old now

3. Droid_X_Doug posted on 30 Jun 2011, 17:25 1

Yes, iPhone sales are softening ahead of the pending release of the new iPhone (4S or 5) in September.

5. jroc74 posted on 30 Jun 2011, 17:30 1 1

Yea at this point many folks know Apple releases a new version every year almost like clockwork.

Those that got the iPhone on Verizon either didnt know or didnt care.

7. Fanboys Suck posted on 30 Jun 2011, 17:52 1 1

Clockwork should have been June/July...

6. jogutier posted on 30 Jun 2011, 17:41 1

Well, according to all of the comments on here. It seems that this article was a no brainer. LOL!

8. koutrelakos posted on 30 Jun 2011, 17:55 2

the iphone 5 won't have LTE...

9. biophone posted on 30 Jun 2011, 18:00 2

Having bought a vzw iPhone in q2 I didn't care about the next iPhone as dual core isn't important to me but lte is important so I plan on getting the lte iPhone when my contracts up. That is why I didn't bother waiting when I heard the news. I didn't get an Android lte phone because Verizon's lte phones aren't good including the massive bionic. There isn't even a rumored lte phone the excites me as of yet.

10. DigitalBoy05 posted on 30 Jun 2011, 18:35 1

"Good" is a opinion not a fact. Just cause a device doesnt deliver content in the way thats best suited for your lifestyle / needs does not render it a bad device.

11. InspectorGadget80 posted on 30 Jun 2011, 18:53 4 1

Of course the Iphone have slow sales on Verizon. cause one on Verizon NO ONE CARES except APPLE lovers wants a Iphone . 2 DROIDS ARE 4G and the Iphone isn't even on the 4G network. 3 everyone love THE DROIDS

13. biophone posted on 30 Jun 2011, 19:15 1 1

To digital boy: When you make a post your share your opinion my opinion is those devices aren't good and I have my reasons for that. So I stated my opinion and used the word good to share it. So thank you for realizing I was sharing my opinion. The revolution is to bulky the charge has touchwiz and the thunderbolt might last you a hour ( I tried it for 14 days and determined the lte isn't ready yet) and if the bionic has a 4.5 inch screen thats to big and even 4.3 is big for me while also having a looked bootloader and moto blur that's just awful. That is what i think and Others share my opinions as well and have bought an iPhone so even though a one is going to be realesed i bet they still sold a bunch. Even with the salesman trying to sell you a droid because they work on commission and get paid more for selling a droid.

14. biophone posted on 30 Jun 2011, 19:23 5

Inspector gadget not just apple lovers want an iPhone I prefer an
Htc phone but Verizon doesn't have the htc phone I want which is the evo 3D. So I have an iPhone. Also not all droids are 4g and the ones on Verizon arent good. So on Verizon that leaves you with an iPhone or a droid with outdated specs which ruins the point of a droid because they are about the specs. While you can get a outdated iPhone because they are about the design and the experience. Also everyone loves the iPhone just some don't like to admit it.

16. Sniggly posted on 30 Jun 2011, 20:11 5

Okay, biophone, let's explore your hypocrisy. First you state that the Revolution is too bulky and that a 4.5/4.3 inch screen is too big for you. Then you say that the HTC phone you want is the Evo 3D, which has the same size screen.

Then you say "poo poo" to the Bionic because you don't want a locked bootloader, and then after ALL OF THIS you go for the iPhone, which is way worse than having a locked bootloader, if that's what you're worried about.

Then you make ridiculous claims like "everyone loves the iPhone just some don't like to admit it." What? Or, in Internet terms, lolwut?

The iPhone is a good piece of hardware, and runs smoothly. However, I don't like it. I recognize its quality, but I don't like it, from its aesthetics, to the functionality of the operating system, to the fact that it's designed by the totalitarians at Apple. I'm offended that you would claim that I love the iPhone when I most definitely do not.

26. hepresearch posted on 30 Jun 2011, 22:37 2

WORD...

62. agent7 posted on 03 Jul 2011, 10:24 1

I am really beginning to be a fan of yours, Sniggly. That was right on the money!

55. rathdrum77 posted on 01 Jul 2011, 11:48

You couldn't pay me to use a iPhone. IMO all three of the 4g phones run circles around the iP4. And I will not pay for a phone that the developer keeps under their control like Apple does. Love Sniggly's comment about the Apple totalitarians. So true!

17. tbacba posted on 30 Jun 2011, 20:17 2

I do not love the IPhone, but obviously you do.

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