Verizon CFO Leaks Possible New Nexus or iPhone Release
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Did Verizon CFO Fran Shammo spill the beans on the new iPhone
launch? Was he talking about the new Nexus phone? Either way, Shammo, who has one of the best surnames I’ve ever heard, let slip that a presumably big launch is coming in the fourth quarter of this year. During a Verizon conference call discussing the company’s Q2 2012 financial performance, Shammo commented on why more users didn’t upgrade their phones in that quarter with “of course there’s always that, uh, rumor mill out there
with a new phone coming out there in the fourth quarter.”
That “rumor mill” remark seems like hogwash. It feels like an all-too-delayed damage control effort, as if Shammo didn’t want to admit the extent of his knowledge. He could be referring to the new Nexus phone, or he could be referring to the new iPhone, the previous version of which also had a Q4 release last year. So what was he referring to? Nexus? iPhone? Or is it all a big sham(mo)?