Friday, February 4, 2011

Verizon (NYSE:Vz) Stops Apple (NASDAQ:AAPL) iPhone Sales

In what Verizon (NYSE:Vz) calls "the most successful first day sales in the history of the company," they had to halt their sales of the Apple (NASDAQ:AAPL) iPhone after pre-orders for the device opened at 3 AM in the morning and closed at 8:10 PM EST that night.

Verizon CEO Dan Mead said in a statement, that the company "had already sold more phones than any first-day launch" when they shut down the pre-order sales.

On February 10, Verizon Wireless will release the iPhone to the general public.

Verizon was trading at $36.24, down $0.14, or 0.38 percent, as of 12:03 PM EST.

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