Verizon Breaks Record In First 2 Hours of iPhone Pre-Sale

The Verizon iPhone is immenent, and Verizon customers apparently cannot wait to get their hands on it February 10th – the official day of the Verizon iPhone launch.

The Verizon iPhone started pre-selling at 3am EST on Thursday, and by 8pm EST (17 hours later), Verizon sold out of the limited supply stock.

In fact, Verizon not only sold out, but they broke a company record by selling more iPhones than any other device in Verizon’s history.

Despite the amazing velocity of iPhone sales, Verizon shares (NYSE:VZ) closed down 7 cents, or 0.19%, at $36.31 on Friday.

As I mentioned in a previous article about Verizon’s stock price declining despite the iPhone arrival, the iPhone is quite frankly becoming old technology.

Android smartphones are starting the leave the iPhone beyond, and in a major way.

Now granted, I’m no stock analysts, so take it for what it’s worth, but the iPhone 4 is pretty much the iPhone 3GS

with the exception of a front facing camera and Facetime.

Android devices have advanced far beyond that!

via The Street