Verizon had a happy holiday thanks to the Apple iPhone.
The company's wireless unit sold 4.2 million iPhones in the fourth quarter, Chief Financial Officer Fran Shammo said during an investor conference. The figure was more than double the number of iPhones sold in the previous quarter.
The figure underscores the enduring popularity of the phone and the importance of the device to each of the carriers, even if it is available now on three national carriers. Verizon considers it an important tool for convincing basic phone users to upgrade to a smartphone and pricier data plan.
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