Is 4 million Verizon iPhone sales bad news for Apple?

Verizon activated 3.2 million iPhones in the same quarter last year

FORTUNE --  Verizon (VZ) reported Thursday morning that it activated 7.2 million smartphones in the first quarter of 2013, 4 million of them iPhones.

There are several perfectly legitimate ways to interpret what those numbers mean for Apple (AAPL).

Good for Apple: 4 million iPhones is 25% better than...
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