Verizon May Sell 12 Million IPhones, Wall Street Journal Says

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Verizon Wireless, the largest U.S. mobile-phone company, will sell 9 million to 12 million iPhones this year, the Wall Street Journal reported, citing analyst estimates.

The lower number would boost Apple Inc.’s overall sales by 5 percent, according to Gene Munster, an analyst at Piper Jaffray Cos., the Journal said.