Verizon had a pretty awful quarter at the end of 2012 in terms of profit, but encouraging in terms of handset sales and subscriber additions. Having the biggest LTE network in the States it saw plenty of 4G devices go through its doors. 7.3 million 4G devices were sold by the US’ number 1 carrier out of 9.8 million smartphones.
The iPhone did very well too, as suggested in an earlier report. VZW shifted 6.2 million iPhones over the final three months of 2012 with 50% of those being 4G-equipped iPhone 5 units. In total Big Red added 2.2 million subscribers, but still lost over $4 billion due to rising pension costs and the impact of Hurricane Sandy.
If this report is anything to go by, Apple’s earnings call tomorrow should be a pretty rosy one.