Verizon iPhone Hits 1 Million-Sold Mark During Launch Weekend, Reports The Street's Scott Moritz

Verizon's Apple iPhone 4 sales, managed to fly past the 1 million-sold milepost. "Recent analyst estimates say Verizon's iPhone preorders totaled 600,000, and if that was 60% of total sales, then 1 million iPhones were sold on the debut weekend. It also means many more have sold since then. For comparison, AT&T sold 1.7 million […]

Verizon's Apple iPhone 4 sales, managed to fly past the 1 million-sold milepost. "Recent analyst estimates say Verizon's iPhone preorders totaled 600,000, and if that was 60% of total sales, then 1 million iPhones were sold on the debut weekend. It also means many more have sold since then. For comparison, AT&T sold 1.7 million iPhones 4s on its debut last year," The Streets reports.

Another reason Verizon didn't have a spate of sellouts of the iPhone 4 may be that people were waiting for the better, faster iPhone 5 due out this summer. Unfortunately, as reported here last week, the 4G LTE version of the Verizon iPhone will come much later with the iPhone 6.

Verizon says it'll not release the actual sales figure until its Q1 earnings report in April. But any anxiety around lackluster demand for the Verizon iPhone 4 may now be eased a bit.

[Saource]