Verizon Wireless has released its latest financial results for quarter three of 2013, the company also announced that they activated a total of 3.9 million iPhone’s in quarter three.
Verizon activated a total of 7.6 million smartphones for quarter three, and sales of the iPhone were up from 3.1 in the same quarter in 2012.
Lowell McAdam, Verizon chairman and CEO, said: “These strong third-quarter results reflect Verizon’s long-term investment in reliable, high-quality networks to deliver value to customers. Our unwavering focus on wireless, FiOS and strategic enterprise services has produced consistent performance, and we’ve delivered double-digit earnings growth in six of the past seven quarters. Verizon’s strategic networks form a powerful distribution platform for future growth and innovation.”
Verizon noted that it had supply constraints for the iPhone in September of this year, which had led for some sales to be carried over to quarter four. The company had total revenues of $20.4 billion for quarter three, this is up some 7.2 percent for the same quarter in 2012.
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