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iPhones Make Up More Than Half of 4Q Verizon Smartphone Sales

January 24, 2012

Verizon said Tuesday that it sold 4.3 million iPhones during the fourth quarter and 7.7 million smartphones overall.

As a result, more than half of its smartphone sales came from the Apple device. The numbers are slightly more than the 4.2 million number floated by Verizon exec Fran Shammo earlier this month.

The company also sold 1.6 million 4G LTE smartphones and 700,000 4G LTE devices, Verizon said during an earnings call with analysts. During the quarter, Verizon introduced six 4G LTE devices, including the Motorola Droid Razr, the Samsung Stratosphere, HTC Rezound, Samsung Galaxy Nexus, and Droid Xyboard tablets.

By the end of 2011, about 44 percent of Verizon's post-paid wireless customers had smartphones, up from 39 percent the previous quarter.

But while revenue was up 7.7 percent to $28.4 billion, Verizon posted a loss due to pension costs. As the Financial Times pointed out, meanwhile, smartphone subsidies also reduced margins for mobile.

Verizon Wireless will get another 4G LTE device soon, though. The carrier announced today that the Motorola Droid Razr Maxx will be available on Jan. 26 for $299.99.

Motorola announced the Droid Razr Maxx earlier this month alongside the Droid 4. The Maxx is a new version of the Droid Razr that, according to Verizon Wireless, offers 21 hours of continuous talk time on a single charge, even though it's only 9 millimeters (0.35 inches) thick. This Maxx will ship with Android 2.3.5 Gingerbread, but is set for an upgrade to Android 4.0 (Ice Cream Sandwich) within the second quarter.




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