toggle

AAPL Stock: 110.37 ( -1.97 )

Printed from http://www.macnn.com

Sprint, Verizon seeing high iPhone sales, says analyst

updated 01:35 pm EDT, Tue November 1, 2011

iPhone trend may be reversing Sprint decline

Both Sprint and Verizon are seeing strong iPhone sales, says Sterne Agee analyst Shaw Wu, citing checks. Sprint has allegedly begun reversing a tide of subscriber loss to AT&T and Verizon, which was caused by simply not having the iPhone as an option until October 14th. The carrier may also be attracting people thanks to offering the only unlimited iPhone data plans in the US.

With Verizon, Wu says he is "hearing strong traction" in which Android and BlackBerry users are switching to the iPhone, helped by many contracts coming up for renewal. Japanese carrier KDDI is also said to be experiencing "strong momentum," having become just the second official Japanese iPhone partner last month.

Industry and supply chain sources also reportedly indicate that sales are doing well across all three models, including the 4, 4S and 3GS. Shopper bias is said to remain with the highest-end model, the 4S. "Talking to industry sources, what's driving the 4S is better than expected reception of its new Siri software," says Wu. The analyst is holding to a forecast of 26 million iPhones in the December quarter, which would be a 60 percent jump year-over-year.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

toggle

Most Commented