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Fewer IPhone 5C Sold Than Expected, But 5S Scarce: Verizon CFO

wochit technology
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October 17, 2013 AT 11:20 AM
By Sinead Carew NEW YORK (Reuters) - Verizon Communications Chief Financial Officer Fran Shammo said Apple Inc's iPhone 5C "undersold expectations" in the third quarter, while its pricier iPhone 5S was in short supply. The "5C is in plenty supply" and "if you generally talk to each of the carriers I think they'll tell you the same thing," Shammo told Reuters in an interview Thursday after the company reported its third-quarter earnings. ...