Apple's Share of Verizon Smartphone Sales Slips to 45% in Q2 2012
Apple's share of Verizon smartphone sales dropped to 45% in the second quarter of 2012, reports MacRumors.
Verizon announced earnings today and revealed iPhone sales of 2.7 million for the quarter, less than the 3.2 million reported in the prior quarter.
The decline is likely attributed to customer anticipation for the iPhone 5 and the lack of LTE capabilities on the iPhone 4S.
Notably, the 2.7 million iPhones represent 45% of Verizon's total smartphone sales of 5.9 million units, down from roughly 50% in the first quarter and 55% in the fourth quarter of 2011. Apple's share of Verizon smartphone sales does, however, remain above its low point of 35% seen in the third quarter of last year just before the launch of the iPhone 4S.
Apple has announced that it's third quarter results conference call will take place on July 24, 2012.