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

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

Related phones

iPhone 4
  • Display 3.5" 640 x 960 pixels
  • Camera 5 MP / 0.3 MP VGA front
  • Processor Apple A4, Single core, 1000 MHz
  • Storage 32 GB
  • Battery 1420 mAh(7.00h 3G talk time)



1. Sniggly

Posts: 7305; Member since: Dec 05, 2009

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

Posts: 55; Member since: Jun 29, 2011

the iphone 5 is just a myth like the droid bionic

4. jroc74

Posts: 6023; Member since: Dec 30, 2010

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

41. Timmay! unregistered

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

Posts: 339; Member since: Nov 03, 2009

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

3. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

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

5. jroc74

Posts: 6023; Member since: Dec 30, 2010

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

Posts: 609; Member since: Dec 12, 2008

Clockwork should have been June/July...

6. jogutier

Posts: 324; Member since: Feb 12, 2010

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

8. koutrelakos

Posts: 30; Member since: Mar 17, 2010

the iphone 5 won't have LTE...

9. biophone

Posts: 1994; Member since: Jun 15, 2011

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

Posts: 279; Member since: Jun 04, 2011

"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 unregistered

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

Posts: 1994; Member since: Jun 15, 2011

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

Posts: 1994; Member since: Jun 15, 2011

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

Posts: 7305; Member since: Dec 05, 2009

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 unregistered


62. agent7

Posts: 19; Member since: Apr 20, 2011

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

55. rathdrum77

Posts: 25; Member since: Sep 09, 2009

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

Posts: 134; Member since: Mar 31, 2010

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

18. Whateverman

Posts: 3295; Member since: May 17, 2009

@ biophone. "Also everyone loves the iPhone just some don't like to admit it". Sorry, gotta disagree with you on that one. Apple did single handedly change the face of the cell phone industry by showing other manufactures what is possible. But, I can honestly say not everyone LOVES the iPhone. Apple holds back many features to make iPhone users dependent on them alone. They even omit features from cross platform apps. Example: I can use Bump to transfer music, apps and pictures from my Droid X to my wife's Incredible. But when I try to Bump music to any iPhone user, they are sent to iTunes where they can purchase the song I wanted to give them. Apple should loosen up a little, give it flash until html5 is available and allow side loading third party apps. I know that would get me to like it a little better.

20. TOdoubleD

Posts: 114; Member since: Mar 28, 2011

I can assure you, that not everyone loves the iPhone. It's an overpriced ipod touch that occasionally makes phone calls on overpriced networks. You could save yourself thousands of dollars a year, by just buying an ipod touch and a pay as you go dumb phone. But a lot of the iIdiots would never do that even if it saved them money, because it's not about functionality. It's about look at me, even though I live in my mom's trailer, and haven't worked in 6 months, I'm cool cause I have the bestest phone around.

22. biophone

Posts: 1994; Member since: Jun 15, 2011

Wow I don't even know where to start! Well I guess it will have to be on the everyone loves the iPhone comment. It was cleary a joke in reference to the idiotic comment everyone loves the droid. You like coke and I like pepsi it's no big deal you should get whatever you like. I do find it interesting that no one besides me jumped on him for everyone loves droid and I get attacked for clearly joking and saying everyone loves the iPhone. I'm tired of pa being called biased against droid. Maybe people should look in the mirror before the point their finger. I recognize the many good points about droid phones but if I say any positive comment about the iPhone even if its a joke I get attacked. People are convincing themselves to not like the iPhone no matter what apple does. You should try being open minded in life.

24. biophone

Posts: 1994; Member since: Jun 15, 2011

On to my next rant and this one is too todoubledd: this was sort of covered in my last post about the everyone loves the iPhone but I am going to talk about it being overpriced. Ok I will start out with an example. You can go to mcdonalds and get a hell of a lot of food for a little bit of money. You may say to yourself wow that is great value and your right it is. Then you go to a steakhouse and you get less paying alot more for your food. You are paying for quality at the steakhouse and apple is a very design based company that uses expensive materials of high quality. Sure it isn't good value and it isn't intended to be. To those that will jump on me for the death grip i never had a droped call. Thats unfair though maybe i just hold it right. Now as far as the pay as you go phone and the iPod touch thought people don't want to carry two devices and the iPhone allows them to only carry one plus the Verizon network your paying for great service which is the most important part as it is a phone. And to those who hate the iPhone and love droid you can thank the iPhone for making droid what it is competition drives this market. I loves the advances in iOS 5 and the iPhone that came along with the competition. And you do too most likely.

27. Sniggly

Posts: 7305; Member since: Dec 05, 2009

"maybe I just hold it right." This tells me all I need to know about your ability to critically think about the iPhone. And you can get great value, quality and design all rolled into one with many Android devices. I despise elitism like that which you display in your comment.

63. agent7

Posts: 19; Member since: Apr 20, 2011

"Sure it isn't good value and it isn't intended to be." This is so perfect, and so true.

25. biophone

Posts: 1994; Member since: Jun 15, 2011

To whatseverman I will admit you make good points about the iPhone but I hooked my iPhone and my friends iPhone to the same computer and we are able to share music and apps. Apple does want you to pay for it's services and I don't blame them. A couple of dollars shouldn't be a deal breaker for you. On to the flash argument just download skyfire it has flash and works just as well as android does. Although in my experience I just use safari because I don't use flash most of time and when i do which is almost never I use skyfire. Again only a couple of dollars. Anyway if you want flash use your MacBook :).

35. Whateverman

Posts: 3295; Member since: May 17, 2009

The thing is, they give you one computer to sync with. No sharing outside of that, but it's not so much about the few bucks as opposed to every other time it will be just a few bucks. When buying apps for my ipad i feel nickled and dimed to death for every little thing that i can get on an Android for free. Apple wants users to come to them and only them for everything which is good for them but it seems really restricting to me. They give you very few freebies and Google just keeps throwing free this and free that to us and I'm spoiled by it.

28. biophone

Posts: 1994; Member since: Jun 15, 2011

Ok don't worry everybody I have saved the best for last. And this is to sniggly. I made a joke and I'm sorry it offended you but I am offended by everyone loves the droid comment. Ok not really I do love droid but it's possible to love steak and sushi. I think your problem is your perception of what it appears to me that all phones need to be perfect. In reality there is always something you don't like about your phone and that is ok. I mean no one can make a phone that everyone likes everything about it. Visually the iPhone is regarded as a good looking phone. Its ok some don't like it but some have better vision then others(I'm kidding). To explain my next point more clearly I have to now talk about compromise (yes this is a transition). Certain things you can compromise on for example screen size but there are often things that can be a dealbreaker for example battery life( I mean what good is a phone if it is dead). That was my experience with the thunderbolt I could deal with it being a little chubby but I like my phone to have battery or maye that just me being weird. The bionic I can deal with 4.3 but the fact that it looks like from all leaked shots that it was made with no care the os is so mechanical and I can't takes motoblur off cause of the bootloader (I like iOS and many do so dont care its locked down) means a bad experience I am not buying it for it's two cores because I can't tell the difference with what I do(mostly safari and apps which the iPhone is great at). The evo 3D is special cause it's exactly what I want just to big but I can compromise on that. So where is the hypocrisy in that. Can I get a word heptesearch And also if someone could teach me to reply on iPhone that would be cool(don't make fun of me :()

29. biophone

Posts: 1994; Member since: Jun 15, 2011

Snigly the I hold it right comment was a joke again I'm sorry i like to use humor but I haven't experienced the death grip and it was overblown in my opinion( am I aloud to state that). Elitism comment I don't think I am better then you if thats what your getting at. I may think your misguided but that's ok I respect you like droid because i do to. I dont like the fact you called me a hypocrit name calling isn't neccesary ( who I am kidding name calling is awesome) I just you didn't understand where I was coming from is all. And I never said you dint get value quality and design in android like the evo 3d for example . Just not on Verizon so that doesn't help me.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit for samples and additional information.