Verizon sells 5.9 million smartphones in Q2 2012

Verizon Wireless announced its financial results for the second quarter of 2012 earlier today. The biggest wireless carrier in the US revealed that during the quarter it sold a total of 5.9 million smartphones. Of that number, 2.7 million of them were iPhones from Apple. Verizon also sold 2.9 million Android-based devices.

According to News.com, 2.5 million of those Android smartphones sold by Verizon will work on the company's 4G LTE network. It shows that Verizon's bet on the faster network infrastructure has been successful. The wireless carrier's LTE network is much larger than that of AT&T or Sprint, while T-Mobile has yet to launch its own LTE network.

Verizon has already confirmed that it will sell smartphones based on Windows Phone 8 when Microsoft launches the next version of its mobile operating system later this year.

Overall, Verizon said it generated $28.6 billion in revenues in the second quarter, up 3.7 percent from the same period a year ago. Operating income came in at $5.7 billion in the last quarter, compared with $4.9 billion from the same period a year ago. Verizon now has 88.8 million users.

Source: News.com

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