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The Street: 1 million Verizon iPhones sold on launch weekend

Updated Dec 19th, 2018 7:04PM EST

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According to Scott Moritz over at The Street, sales of the Verizon iPhone toppled the one million units sold mark during opening weekend. In a blog post today, Mr. Moritz details just how he arrived at this number. “Dan Mead, Verizon Wireless chief, told media outlets this weekend that 60% of the company’s iPhone sales were preorders,” quips Moritz. “Recent analyst estimates say Verizon’s iPhone preorders totaled 600,000, and if that was 60% of total sales, then 1 million iPhones were sold on the debut weekend.”

Feels sort of like the movie Inception, doesn’t it? A dream within a dream is very unstable. In this instance, speculation within speculation also seems pretty shaky (perhaps Mr. Moritz needs Yusuf to taylor compounds specific to his needs).

Verizon continues to emphasize the strength of its iPhone sales and that it will not discuss exact figures until its first-quarter earnings call in April. Thoughts?



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