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Verizon CFO Is a Tease on iPhone Timing

10:45 AM -- Verizon Communications Inc. (NYSE: VZ) CFO Fran Shammo may have dropped a hint about the launch date of the iPhone 5 during the operator's earnings call Thursday morning -- or he may have just been acknowledging the endless rumors about an upcoming Apple Inc. (Nasdaq: AAPL) device.

During the second-quarter call, Shammo made this allusion in the question-and-answer session: "With the rumor mill out there of a new phone in the fourth quarter, people may be waiting," he told listening analysts. (See Verizon Reports $1.83B Profit for Q2.)

Could that be referencing an iPhone launch toward the end of the year? Some took it that way, while others weren't so certain:

"Could that mean something else?" asked Light Reading's Ray Le Maistre as we swapped messages about the CFO's comments this morning.

What we do know is this: Verizon sold 2.7 million iPhones in the quarter and shifted 2.5 million 4G LTE smartphones. It sold 3.2 million LTE devices in total.

So clearly, the gap between iPhone and 4G Android sales is significantly lessened. iPhone sales were down 16 percent quarter-on-quarter for Big Red.

This alone puts the burn on Apple to get an LTE-capable iPhone out into the market this year, all teasing and hints from operators aside.

— Dan Jones, Site Editor, Light Reading Mobile

joset01 12/5/2012 | 5:27:26 PM
re: Verizon CFO Is a Tease on iPhone Timing

They're not going to want to sell a 3G iPhone next year...

gtchavan 12/5/2012 | 5:27:19 PM
re: Verizon CFO Is a Tease on iPhone Timing Let's say they come out with iPhone 5 this year, are we then at the end of mobility revolution? Is there anything else that is going to be exciting in the next 5 years?
joset01 12/5/2012 | 5:27:18 PM
re: Verizon CFO Is a Tease on iPhone Timing

No, of course not. Dick Tracy watch, Google Glasses or a bone resonance phone. Just some of the options that could arrive...

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