iPhone Sales Jump 15% in America, Setting New Record
More than 10.3 million iPhones were sold domestically during the January-March sales period, representing a 15 percent increase:
- AT&T (NYSE: T) sold 4.8 million units.
- Verizon (NYSE: VZ) sold four million units.
- Sprint (NYSE: S) sold more than 1.5 million units.
Comparatively, Apple sold more than nine million iPhones domestically during the year-ago period:
- AT&T sold 4.3 million units.
- Verizon sold 3.2 million units.
- Sprint sold more than 1.5 million units.
These figures only account for sales of iPhones that were activated by those three carriers. They do not, however, include contract-free iPhones, including those sold by Virgin Mobile, Cricket Communications and other pay-as-you-go providers.
It is not yet clear who purchased the remaining 27 million iPhones, but there are a few clues.
Apple set a new record in December when it sold two million iPhone 5 units during the first weekend following its release.
In January, BitChemy Ventures analyst Sameer Singh wrote an op-ed for Business Insider, estimating the number of iPhones that were sold during the December quarter. He believed that 22 million would be sold in America, 14 million in Europe, 9.6 million in the Asia-Pacific region and 4.4 million in Japan.
Singh's estimates were not entirely correct; only 17 million of the iPhones sold in the December quarter were purchased in America.
During an earnings call for the March quarter, Apple CEO Tim Cook said that the company had its best quarter ever in China. He did not elaborate on iPhone sales specifically, though he did say that Apple is seeing "significant interest" in the three-year-old iPhone 4.
While Europe may still hold the number-two spot for iPhone sales, it seems that China is quickly rising through the ranks.
Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at 248-636-1322 or louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.