It&'s not an official announcement, but with some creative math it appears that Verizon&'s iPhone 4 surpassed 1 million units sold in its first weekend, The Street reports.
Based on statements from Verizon Wireless CEO Dan Mead, who said this weekend that 60 percent of its iPhone sales came from preorders, combined with analyst estimates that Verizon&'s preorders totaled around 600,000 units, The Street figures that Verizon most likely sold 1 million iPhones during the weekend after its February 10 launch.
In comparison, AT&'T managed to sell 1.7 million iPhone 4s when it launched in June 2010.
Mead brought up the preorder numbers as a means to excuse the lack of long launch lines in stores for Verizon&'s iPhone. Many saw those short lines as a sign that iPhone sales weren&'t very strong for Verizon. Now it appears that most of the consumers who really wanted an iPhone &8212' namely, Verizon subscribers &8212' were able to get their fix by preordering.
Many consumers are also likely waiting for Apple to unveil the iPhone 5 later this year. Given that it will be announced in a few months, signing up for a two-year contract with the older iPhone 4 doesn&'t make much sense.
Verizon won&'t reveal official sales figures until its first-quarter earnings report in April.
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Companies: Apple, Verizon Wireless
People: Dan Mead
Companies: Apple, Verizon Wireless
People: Dan Mead
Devindra Hardawar is VentureBeat's lead mobile writer and East Coast correspondent. He studied philosophy at Amherst College, worked in IT support for several years, and has been writing about technology since 2004. He now lives in Brooklyn, New York. You can reach him at devindra@venturebeat.com (all story pitches should also be sent to tips@venturebeat.com), and on Twitter at @Devindra.
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