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Technology Stocks : Apple Tankwatch
AAPL 246.69-3.4%3:59 PM EST
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To: Cogito who wrote (11535)10/22/2011 2:45:51 PM
From: pyslent  Read Replies (1) of 32692
 
"Your claim that a majority of new post-paid subscribers chose 4G devices is correct."

To be honest, I think the statistic he cited might be misleading... Net adds is not a defined class of customers, it's just a mathematical construct. Gross adds is all the new subscribers, and net adds is gross adds minus churn (customers lost). I calculate gross adds for Verizon as close to 2.6 million, and Verizon stated that net adds were 882k. My guess is that 441k of the gross adds (18%) chose an LTE connection, and that number happened to be 50% of the number of net adds. If we were to do the same math for 3G, it would show that 250% of net adds chose a 3G device.

I expect this math to be over Sly's head, but I would appreciate someone with the ability to go over my speculation and inference.
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