During Verizon’s recent Q2 financial conference call, CFO Fran Shammo answered a few questions. One attendee asked for Shammo’s opinion on why customers hesitated to upgrade in the previous quarter. Shammo’s general, non-commital answer included the following:
“of course there’s always that, uh, rumor mill out there with a new phone coming out there in the fourth quarter, so people may be waiting.”
“CFO Fran Shammo let some information slip out about the next iPhone launch. “
No, he didn’t. The Verge continues:
“While there’s a chance that he was referring to the next Nexus phone…”
I agree with you there.
“…this felt more like a thinly-veiled reference to the oft-rumored ‘new iPhone.'”
No, it doesn’t. It feels like a corporate executive being appropriately evasive during a public Q&A. Besides, it doesn’t matter what it feels like. All we have is a COO saying that the “rumor mill” and “a new phone coming out there in the fourth quarter” likely prevented some of his customers from upgrading last quarter. That’s it.