Verizon Wireless

Verizon today announced its second-quarter 2012 earnings. As expected, the carrier sold a lot of phones. No, really. A lot of Android phones. And a lot of iPhones.

On the wireless side, which is the one we pay more attention to here, Verizon saw a 1.2 million net subscriber additions. Some 888,000 of those subscribers are of the traditional prepaid nature. Verizon now has a total of 94.2 million customers, 88.8 million of which are retail postpaid customers.

The really interesting numbers, though were the following:

  • 50 percent of Verizon's postpaid base is smartphones, up 13 percentage points from this time last year.
  • About 7 percent of smartphone owners upgraded their devices in the second quarter.
  • For the quarter, 2.9 million Android phones were activated, 2.5 million of which were 4G LTE
  • Activated 2.7 million iPhones in the quarter, up from 2.3 million a year ago

It's interesting to note those Android activation numbers. In June, Andy Rubin announced that more than 1 million Android devices are being activated every day. Verizon activated 2.9 million devices in 90 days. Just goes to show it's a big world out there, folks.

Source: Verizon