At Verizon (VZ), Folks Still Prefer Apple (AAPL) Over Samsung
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Price: $39.32 -0.43%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 6.5%
EPS Growth %: -4.2%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 6.5%
EPS Growth %: -4.2%
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Apple (Nasdaq: AAPL) is up on the session following quarterly results from U.S. mobile giant Verizon (NYSE: VZ).
Verizon said it activated 7.5 million smartphones in second-quarter 2013. Of the total, about 3.8 million were Apple's iPhone, or roughly 51 percent of the total. That's up 41 percent from just 2.7 million iPhones activated in Q212. It wasn't made clear whether most of the activations were iPhone 5s, or legacy models.
The iPhone numbers are even more impressive when you think that Samsung launched its flagship Galaxy S4 just months ago, meaning customers would still (mostly) have an iPhone over a Google (Nasdaq: GOOG) Android device.
Apple will be releasing fiscal third-quarter 2013 results on July 23rd. The Street is looking for EPS of $7.33 with revs of $35.17 billion, versus EPS of $9.32 and revs of $35 billion posted in the same period last year.
Shares of Apple are up 0.6 percent Thursday.
Verizon said it activated 7.5 million smartphones in second-quarter 2013. Of the total, about 3.8 million were Apple's iPhone, or roughly 51 percent of the total. That's up 41 percent from just 2.7 million iPhones activated in Q212. It wasn't made clear whether most of the activations were iPhone 5s, or legacy models.
The iPhone numbers are even more impressive when you think that Samsung launched its flagship Galaxy S4 just months ago, meaning customers would still (mostly) have an iPhone over a Google (Nasdaq: GOOG) Android device.
Apple will be releasing fiscal third-quarter 2013 results on July 23rd. The Street is looking for EPS of $7.33 with revs of $35.17 billion, versus EPS of $9.32 and revs of $35 billion posted in the same period last year.
Shares of Apple are up 0.6 percent Thursday.
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