July 29, 2008
Verizon iPhone No Impact was for the Wrong Quarter
Analysis of:
Verizon Says iPhone Has Had Minimal Impact | www.ipodobserver.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Implications: Verizon reported for the last quarter nice results and made the statement that the iPhone has had minimal impact. But...
Analysis: The impact might have been minimal in the last quarter but that statement could also be highly misleading. During the last quarter the iPhone was in decline, in fact during last weeks of the quarter you couldn't buy one if you wanted too, they were out of stock waiting for the new 3g iPhone. Fast forward to this quarter when the new iPhone went on sale and people were once again standing in line.
Any Verizon impact would be this quarter not last.
Analysis: The impact might have been minimal in the last quarter but that statement could also be highly misleading. During the last quarter the iPhone was in decline, in fact during last weeks of the quarter you couldn't buy one if you wanted too, they were out of stock waiting for the new 3g iPhone. Fast forward to this quarter when the new iPhone went on sale and people were once again standing in line.
Any Verizon impact would be this quarter not last.
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