According to comments made by Verizon executives to Goldman Sachs, sales of the Verizon iPhone 4 have slowed significantly as consumers increasingly begin to anticipate the iPhone 5.
Verizon’s 2nd-quarter sales are projected to be somewhat below the numbers set by the Verizon iPhones 1st-quarter results, says Goldman Sachs’ analyst Jason Armstrong after speaking with Verizon executives.
In Armstrong’s interpretation, the immanent release of the iPhone 5, which most expect to arrive in September, is causing consumers to hold on on their purchases of the Verizon iPhone 4. Meanwhile, sales of other smart phones, such as those powered by Android, are currently above regular expectations.
Not to worry, however – the drop-off was not unexpected, and the expectation that the iPhone 5 will turn these numbers around dramatically casts doubt on the notion that Verizon is experiencing any true increase in demand for Android-powered handsets.
