Initial sales of the Verizon iPhone 4 have failed to meet the expectations of both Apple and Verizon, says the “Boy Genius Report web site (http://macte.ch/eruFX), quoting unnamed sources.

The article says data from five Apple stores show that Verizon iPhone 4 sales for its first five days of availability were significantly lower than for the debut of the AT&T iPhone 4 over the same period of time.

“Additionally, we have been told that online pre-orders between Verizon and Apple amounted to around 550,000 units,” says “BGR.” “We also have some statistics on who’s buying Verizon iPhones to share with you: 30% of people buying Verizon iPhones were Android users, just over 25% of people buying iPhone 4 were BlackBerry users, and only 14% of people buying the Verizon iPhone were AT&T iPhone owners. The remaining percent didn’t want to say, didn’t have a smartphone, or didn’t have a phone prior to making their iPhone 4 purchases last week.”