Sunday, February 27, 2011

VERIZON CEO DENIES LOW iPHONE SALES


According to Verizon Wireless CEO Daniel S. Mead, reports of low iPhone sales by Big Red are extremely exaggerated. Mead says, in an interview with The Wall Street Journal, that Verizon has sold more iPhones than any other product....ever.

The low sales rumor started when sales numbers for 5 Apple stores was leaked. Those sales numbers showed lower than expected sales. The assumption then was that the iPhone was a failure for Verizon. The data however does not take into account the other 225 plus Apple stores, or the Verizon stores which also sell the device.

Mead states in the interview that over 60% of Verizon's iPhones are purchased online.

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