Verizon delivered a strong second quarter results on Friday thanks to the iPhone. Verizon activated 2.3 million iPhones.
It is lower than the 3.6 million iPhones activated by AT&T in the same quarter, but one needs to remember that iPhone 3GS, which is the entry level iPhone does not work on Verizon’s CDMA network, so Verizon only sells iPhone 4s.
Current COO and future Verizon CEO Lowell McAdam in an interview with CNBC mentioned that one of the reasons for not seeing the revenue acceleration as it had hoped was due to the delay in the launch of Apple’s next generation iPhone:
We had assumed that we would see an iPhone early in the summertime as it’s been usually, and that’s going to be a little bit later in the year now.
During the earnings conference call, he also said that they were expecting the next iPhone to be released this fall:
We are probably what I would view as maybe a quarter behind what we had talked about in January, primarily because we expected an iPhone 5 refresh sometime this summer.
We don’t know when the next one is going to come out. You will have to ask Apple that, but we expect that probably sometime in the fall, and I think you will see a significant jump there when we get to that point.
So looks like it’s not just users but carriers are also eagerly waiting for Apple’s new iPhone.