The Verge puts the “flimsy” in flimsy rumor

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.”

He said “a new phone.” Verizon Wireless carries lots of phones, yet the Verge jumps right to “iPhone”:

“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.