Verizon Sells 4.2 Million iPhones in Q4 — At the Expense of 4G LTE?

In widely quoted comments made at an investor conference Wednesday, Verizon CFO Fran Shammo said the company sold 4.2 million iPhones during the fourth fiscal quarter of the year — but apparently didn’t say anything about 4G LTE sales numbers, since none of the reports we read had any 4G figures.

UPDATE: In a replay of the event we heard Shammo say that Verizon had sold “2.2 million 4G devices,” which we are guessing is probably about a 50-50 split between phones and other 4G devices like USB modems and Wi-Fi hotspots, as it has been for Verizon throughout 2011. That means Verizon sold around 1.1 million 4G LTE phones in Q4 — almost a 4-to-1 ratio of iPhones to 4G LTE phones sold.

If you have been reading Sidecut Reports you will not be surprised that we will guess that the number of 4G phones sold by Verizon in Q4 was well below 4 million, and possibly even below the 800,000 or so the company sold during Q3. Why isn’t Verizon’s 4G LTE taking off? Well you can buy our handy report that explains all that in 16 pages of great detail. Here’s a hint: One of the reasons why is the popularity of the iPhone over any Android-based competition, 3G or 4G. But there’s more to it than that, which is why you should read the report.

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