Verizon expects Santa to deliver plenty of Apple iPhone X units for the holidays
Yesterday, Verizon noted that only 5.5% of its subscribers upgraded to a new phone during the three months that ran from July through September. That was down from the 6.3% of subscribers who upgraded during the third quarter last year. For the current quarter that takes us to the end of the year, Verizon expects good things from both the iPhone X and the recently launched Pixel 2 XL.
The good news is that Verizon says that carriers are going to battle each other for iPhone X sales which just might result in prices heading south once the phone launches on November 3rd. The 64GB iPhone X will be priced at $999 with the 256GB variant tagged at $1149. The model is the first iPhone to carry an OLED panel. It also offers an edge-to-edge screen, the A11 Bionic chipset, the new Portrait Lighting feature, the True Depth Camera and Face ID.
Yesterday, Verizon reported its third quarter earnings and said that it added 274,000 new postpaid phone subscribers during the period.