Verizon CFO: 2.2 Million iPhones Activated in Just Seven Weeks; Says iPhone 5 is CMDA + GSM Global Device

Verizon has finally announced that they moved 2.2 million iPhones since launch with 22% of those coming from new customers.According to Verizon Wireless Q1 earnings, the carrier activated 2.2 million CDMA iPhone units in the seven weeks between the Feb 10 launch and Mar 31, 2011. They reported a 6.3% annual increase in service revenues […]

Verizon has finally announced that they moved 2.2 million iPhones since launch with 22% of those coming from new customers.

According to Verizon Wireless Q1 earnings, the carrier activated 2.2 million CDMA iPhone units in the seven weeks between the Feb 10 launch and Mar 31, 2011. They reported a 6.3% annual increase in service revenues based on 1.8 million net additions which includes 906,000 retail postpaid net customer additions. The carrier had 104.0 million total connections, including 88.4 million retail customers.

Data revenues were up 22.3% and operating income margin was 25.8%. Verizon also activated 260,000 HTC Thunderbolt units over the two-week period. Verizon's iPhone figures compare to 3.6 million iPhones AT&T activated during the entire quarter.

Verizon also dropped a bit of information about the iPhone 5. Verizon CFO Fran Shammo said Apple's next-generation iPhone will be a world phone. He further stated that he expected Verizon to be on a level playing field with AT&T for the iPhone 5 as the next generation device will be a global phone.

It was widely speculated that the next generation iPhone would have global capabilities as its expected that the device will use a chip from Qualcomm that supports both GSM and CDMA. At this time, Apple hasn't announced when the iPhone 5 will land on retail shelves but it's currently rumored to land in September.

[Source: Verizon Press]