Verizon CFO sees Apple iPhone 5 launching in Q4

Verizon CFO sees Apple iPhone 5 launching in Q4
Fran Shammo, the CFO of the nation's largest carrier, might have tipped a fourth quarter release of the Apple iPhone 5. During the carrier's conference call made last week to report its latest quarterly earnings, Shammo said that a "big smartphone" was coming to Verizon in the fourth quarter.

Earlier, the thought was that Apple would be releasing the latest iteration of its iconic smartphone during the third calendar quarter in order for the launch to take place during the last fiscal quarter of Apple's year. This would have allowed the substantial revenue and profits garnered from the latest Apple iPhone to be included in Apple's current fiscal year. A release of the phone in in the fourth calendar quarter would force the Cupertino based manufacturer to show profits from the 6th generation Apple iPhone in the next fiscal year, possibly upsetting investors and Wall Street traders whose buying and selling of Apple's stock is often dependent on the company's earnings report.

It's speculated that the upcoming model of the Apple iPhone is in the EVT3 stage which is the third stage of engineering revisions and will be equipped with a 4 inch Retina display screen offering an aspect ratio of 16:9. 1GB of RAM will be on board along with 4G LTE connectivity. The Apple iPhone 5, as the phone is expected to be named, will also enable NFC technology.

Verizon continues to sell a ton of iPhones even though some reports show that the Motorola DROID RAZR MAXX and its 3300mAh battery have taken the number one spot away from the Apple iPhone 4S. Verizon activated 2.7 million Apple iPhone units in the second quarter, according to Shammo. That was up from the 2.3 million activated the prior year. During the quarter, 25% of  Verizon's sales of Apple's smartphone were to new customers or for new lines while 75% were sold to existing customers upgrading to the latest model of the device.

source: eWeek

Related phones

iPhone 5
  • Display 4.0" 640 x 1136 pixels
  • Camera 8 MP / 1.2 MP front
  • Processor Apple A6, Dual-core, 1300 MHz
  • Storage 64 GB
  • Battery 1440 mAh(8h 3G talk time)

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36 Comments

1. thedarkside

Posts: 654; Member since: Apr 30, 2012

gross.

2. Non_Sequitur

Posts: 1111; Member since: Mar 16, 2012

Wow! You posted EXACTLY what I was going to post. :o

4. thedarkside

Posts: 654; Member since: Apr 30, 2012

great minds think alike.

8. Non_Sequitur

Posts: 1111; Member since: Mar 16, 2012

Thanks! Indeed they do. c:

5. Roomaku

Posts: 278; Member since: Feb 06, 2012

LOL wonder how long it will be untill t-mobile gets this 2014 maybe?

28. MISTER_H

Posts: 97; Member since: Jul 08, 2012

lets hope wish they dont get it. Atleast Tmobile dosnt want that cr?p restricted phone.....

6. paulyyd

Posts: 340; Member since: Jan 08, 2011

t-mobile will start offering the iPhone this year. Mark my words

7. Djthunderballs

Posts: 16; Member since: Jul 11, 2012

These aren't the droids you're looking for...

9. thedarkside

Posts: 654; Member since: Apr 30, 2012

very doubtful.

12. Non_Sequitur

Posts: 1111; Member since: Mar 16, 2012

Actually, a tmo employee said that they will pretty soon, likely sometime this year. I'd love it if they didn't though.

14. thedarkside

Posts: 654; Member since: Apr 30, 2012

well touche sir... but ill believe it when i see it.

16. paulyyd

Posts: 340; Member since: Jan 08, 2011

Lol you'll see bud

34. thedarkside

Posts: 654; Member since: Apr 30, 2012

ill ask a buddy of mine to confirm and ill get back to you guys.

29. MISTER_H

Posts: 97; Member since: Jul 08, 2012

Count me in. Me2......

10. FrostyDanny

Posts: 90; Member since: Jul 15, 2012

Anything really new?

19. Non_Sequitur

Posts: 1111; Member since: Mar 16, 2012

There's never anything new, and when there is, it's not new to Android phones. Apple fans just have to live with that.

11. lubba

Posts: 1313; Member since: Jan 17, 2011

Oh it has LTE! Well I guess they'll sell it. Wait, they'll sell anything Apple.

15. Roomaku

Posts: 278; Member since: Feb 06, 2012

Actually Verizon has made a pretty massive push with it's Droid series of phones having faster speeds, and "all day battery life" compared to iPhones. There are number of commercials for Droid series for Verizon, and very little for the iPhone on Verizon (ie Verizon logo at the end of an Apple ad). So it'll be interesting to see if Verizon really push the new iPhone.

13. Hammerfest

Posts: 384; Member since: May 12, 2012

Its so narrow it sickens me... I HATE narrow devices...

22. serious9010

Posts: 254; Member since: Jul 20, 2012

You're narrow since you are able to have a feeling as strong as hate towards a device. IT'S JUST A PHONE.

36. Roomaku

Posts: 278; Member since: Feb 06, 2012

I know i feel like im going to snap the Droid Razr when I was playing with my friends!

37. Roomaku

Posts: 278; Member since: Feb 06, 2012

Or if you meant Narrow minded devices I don't follow LOL

17. theBankRobber

Posts: 682; Member since: Sep 22, 2011

Apple knows if they give T-Mobile the new iPhone this year, they have a greater chance of taking some of T-Mobile android user base away. If they don't spread the iPhone to other carriers then they stand a chance of losing out on users who are looking forward to buy the iPhone without changing carriers. Apple has grown alot more last year thanks to Verizon and Sprint selling the iPhone, and I know they are tired of losing out to Android. Just my honest opinion on the matter.

18. master0fursinz

Posts: 104; Member since: Apr 26, 2010

HAHA.. "big smartphone" does not equal iphone. maybe all those leaked shots of the 5+ inch droids are not "big smartphones".

32. JunitoNH

Posts: 1946; Member since: Feb 15, 2012

Funny Verizon has never publicly stated Razr has out sold the iPhone; most report come from analyst. When are they going to release the official figures? He seem happy to releasing the iPhone.

* Some comments have been hidden, because they don't meet the discussions rules.

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