Additionally, it's not just the iPhone that saw a downturn on Verizon's network. The carrier reported sales of 6.3 million smartphones during the first quarter, so the iPhone continues to represent more than half of its smartphone business. In Q4 2011, Verizon sold 7.7 million smartphones overall, with the iPhone's 4.3 million sales number again representing more than half of total smartphone sales.
In America, Verizon's iPhone still badly trails that of AT&T's in terms of speed, since it is a 3G CDMA phone on Verizon's network, as opposed to AT&T's far faster faux 4G HSPA+.
However, Verizon has said all the phones it releases for the rest of 2012 will be LTE-enabled. That points to the iPhone 5 begin an LTE iPhone, for the first time, but Verizon will still trail AT&T in terms of speed: recent tests showed AT&T's LTE outspeeding Verizon's LTE.