World
Verizon may sell 12 million iPhones
Jan. 10, 2011
Verizon Wireless, the largest U.S. mobile-phone company, will sell 9 million to 12 million iPhones this year, the Wall Street Journal reported, citing analyst estimates. The lower number would boost Apple Inc.’s overall sales by 5 percent, according to Gene Munster, an analyst at Piper Jaffray Cos., the Journal said. The iPhone may capture 5 percent of Verizon’s customers in its first quarter on s