February 7, 2011

Verizon iPhone Sales Topped 500K

Verizon's record sales of the Apple iPhone may have exceeded half a million phones on the first day.

After breaking its previous phone sales record in the first two hours of pre-orders, Verizon continued to take orders for 15 more hours until 8:10 p.m. ET, wrote JPMorgan analyst Phil Cusick in a note Monday. Based on the pace of sales, Cusick estimated that more than 500,000 Verizon iPhones were sold on day one.

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