Good morning everyone, as you know, the Verizon iPhone just launched at Apple Stores, Verizon Stores, Best Buy, and select Walmarts today. Now, the pre-orders that were done on February 3rd went great for Verizon. Estimates place pre-orders at 500,000 units. However, today, if you go to your local Verizon or Apple Store, you won’t find the line that you would expect from an Apple launch. There aren’t that many people out there.
Why? Do people not want the Verizon iPhone? This could be a possibility, but more than that, I would say that it is because people would rather order online than brave the very harsh cold weather.
I am sure that we will be hearing from Verizon and Apple on how many units they have sold, but for now, it doesn’t look like the same amount as a typical launch on AT&T.
Apple stock is down to $357.41 (-0.75) at the time of this writing, while Verizon is down to $36.45 (-0.23).