RBC: Apple ups Q4 iPad orders, adjusts build plans for Verizon iPhone

By on Nov 20, 2010 at 10:01 AM
General November 20, 2010

Analyst Mike Abramsky at Investment Bank RBC Capital Markets has issued a note to investors detailing two key manufacturing changes regarding Apple hardware. According to the unconfirmed report, Apple recently increased Q4 manufacturing orders for its iPad ahead of the holidays. The adjustment will bring manufacturing totals to 40 million units, and Apple plans to have the same number of iPads built in 2011. Abramsky goes on to suggest that Apple has decreased the number of Verizon Wireless-compatible CDMA iPhone models it will order in 2011. As a result of the change, RBC has trimmed 33% from its 2011 Verizon iPhone sales projections — cutting its forecast from 30 million to 20 million.

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  • CYA-L8R

    *sigh*
    it’s like the boy who cried wolf…
    Will beleive it when I see it.
    Am I the only one who remembers att having 5 years of exclusivity?

    • Anonymous

      *believe*

  • grrr

    The cdma iPhone is for Korea!!! Enough with these silly rumors already!!! ;) ;)

  • Anonymous

    20 million o.O.. are they nuts? No way they even sell 7.. Imho of course!

    • Anonymous

      Apple could easily sell 7 million iPhones to Verizon customers within the 2011 year. 34% of current Android users want an iPhone. Not to mention the customers who are (and have been) waiting for Apple to bring the iPhone to Verizon. The one difference that we will see when the iPhone does hit Verizon vs the Android phones, people will be lining up to get an iPhone by the hundreds (if not thousands). This will only peak interest in the iPhone even more.

      If Android was anything important to anyone we would have seen lines by now. No lines = No interest.

      • Anonymous

        I can believe 7M people want to break their contract with AT&T because their network blows, but I still ain’t buying all 20 million CDMA are for VZW.. =/

      • Booboolala2000

        And remember, it will be the same tired iOS 4 iphone that is available right now, not some super version of it. Anyone on a top end droid on vzw will not be switching this year. Maybe someone on a droid eris, but not a moto droid or htc incredible. Also, if the droid user has bought apps. Then they now have a monetary investment in the market, meaning they will need to spend the same amount of money if not more for the same experience on apple. And, by the time it hits, vzw’s top end phone will be an LTE Droid on gingerbread. Lots of options. Probably the main reason they lowered projections.

      • lurch

        “34% of current Android users want an iPhone.”

        What study is this based upon? I have an Android phone, and I sure as hell don’t want an iPhone.

    • Anonymous

      Funny, the last reported estimates are around 14 million. This has come out in a few different articles, if you’ve been paying attention.

  • Anonymous

    I have thought all along VZW would get the iPhone 4g on it’s LTE network, bypassing a CDMA unit would just make sense all round.

    • goldciv

      If VZW release an iPhone, it would still be a CDMA unit, it would just have LTE Radios installed as well.

    • Anonymous

      Makes sense to us but to Apple they want to always release products that are “just enough” to create a buzz and buy it so they have features in their arsenal for the yearly refresh. The CDMA iPhone will be for users that would like to have an iPhone but have proved they are not willing to leave Verizon for it. That gives time to test voice over LTE after it’s live for a year.

      Fast forward a year it levels the playing field for AT&T to prep their LTE network which they are focusing on internally. My father who is 42 years with AT&T called me last month telling me about an internal video they all had to watch talking about their upcoming LTE build-out and roll-out and how their LTE tech is better than Verizon’s (scoff) No offense but Verizon got the cream of the crop of the C-Block sale. The funny thing is my dad works with OC192′s and Fiber all day long and has nothing to do with AT&T wireless but they still made him watch it. Note: My company and my parents are all Verizon Wireless customers. I work in the Government sector. First LTE Verizon phone will be from HTC and send will be from LG. There’s no talk if the CDMA iPhone is going to utilize VORA (Voice over Rev A) or just 1xRTT/REV A.

      • Chargerman165

        Kinda funny that your dad works for AT&T and has a VZW phone. I very much dislike AT&T and I understand that cause VZW has way better coverage, customer service and selection.

  • slapchop

    link doesn’t work

  • Nutjob777

    When has an analyst ever been right? Never. They seem to pull info out of their ass. Yet they make a ton of money for being wrong. I think I found a new career.

  • Norm

    It doesn’t matter. DROID has taken over. Despite how many people come up to my kiosk daily asking when we are getting the iphone, I just point them at the DROIDs and remind them that DROID DOES.

    • Bringit

      Norm you must have an amazing amount of free time on your hands to just sit here all day writing the same thing over and over and over. It’s so weak.

    • Chargerman165

      Tell you the difference Norm. I have 3 Android phones in my household of which I carry 2, the Inc and the X, wife has the Droid 2. Bought Ipad, wifi only, from VZW. On strong wifi, which all my other devices work great on, Ipad would not run the Ipad tour on Apple’s own site without freezing up and for this I had to pay a $70 restock fee after having the device only 3 days (Apple’s rule not VZW’s). I now have the Samsung Tab and it works great. True story not made up from actual user. Simply because of restock fee will not own any Apple product in the future even it VZW gets Iphone. Oh by the way Apple only gives you 14 days to try it verses 30 with anything else. I guess that is how they make all those billions. Oh I forgot, my Android phones work much better and smoother than my Ipod Touch.

  • http://DonnyGamble.com Donny Gamble

    I just can’t wait for Apple to launch version 2 of the Ipad because I know it will be jam packed with a lot more features

    • Anonymous

      Yeah that’s what I’m waiting for. More memory, slight bump in processer, updated resolution, cameras, facetime. I want one now but know its better to wait.

  • Anonymous

    So 30-40 million iPads equates to $18-$24 Billion just in iPad sales.
    Add in the project 80-100 million iPhones, another $48-$60 Billion.

    Add in Macs, iPods (Touches and otherwise), AppleTV’s (the box and hopefully an actual TV), Software and services and that little operation known as iTunes.

    2011, Apple’s revenues are shaping up to hit $100 Billion

    All this and they have what:

    Maybe 10% market share in PC’s (maybe)
    Maybe 3% market share in mobile (Yet they make 50% of the available profits)

    A lot of growth potential. Sure they are basically dominating digital media sales and tablet sales but each time they sell a new Mac or a new iOS device to a new user, they not only build upon the low market share numbers they also sustain their lucrative Digital media empire.

    Open new stores
    Sell your products to new customers
    New customers open iTunes Account
    Rince and repeat

    Everyone thinks they need an “iPhone killer”, or “iPad killer” when all they really need is to either get an iTunes competitor or find a different industry to earn a living.

    • http://www.facebook.com/peterf Peter Fares

      It isn’t even the iPhone or iTunes that make Apple. There is no “killing” Apple products because it isn’t the actual products that everyone loves, it’s the brand.

      • Anonymous

        no its the product

  • Sean76

    These rumers are so stupid already! Who gives a rats ass? When it comes, it comes! And it better be a refresh! I for one would luv for it to come because I hate at&t..

  • http://twitter.com/chriscanty chris canty

    @sean76 …..stop whining about Apple Posts!!! Apple is a MAJOR player in both the cell phone industry and the computing industry. BGR has to report on this topic and millions of readers are interested and invested in what they are doing.

    If you dont like it, dont read it and don’t post. Im so sick of people posting about how tired they are of a certain style post. JUST DONT RESPOND!!!

    • lurch

      “If you dont like it, dont read it and don’t post.”

      Maybe if you don’t like somebody’s post, you shouldn’t read it and also not post about it.

      See what I just did there?

      • http://twitter.com/chriscanty chris canty

        I did, but if you notice I also had a well thought out statement before I “ranted” about the OP. Sorry, but its just getting ridiculous that everytime an apple post goes up, someone has to say that this is a “pro apple site” or “all they do is talk about apple.” OF COURSE THEY TALK ABOUT APPLE!!! Apple has completely changed the game in terms of cell phones and we interact with our devices.

        Apple news is always going to be here, and it will always be important (and probably a little polarizing as well)

  • Anonymous

    Sound dubious. Apple has reported 7.5m Ipods sold during the two quarters since the introduction. They’d have to sell 32.5m this quarter to reach 40m mark. Are they going to drop the price by 3/4 or how are they going to almost sell almost 10x more this quarter that the two previous ones? Or increase the manufacturing by as much?

  • Victor

    IPHONE FOR VERIZON NEVER HAPPENING!!!!!!!!!! Atleast until after 2012 :D

    • Russone28

      Nah your wrong! Its happening the first quarter of next year. The contract is up at the end of the year. TRUST ME!!!!!!

      • Guest

        Why should we trust you?

  • http://www.apexcarpentryinc.com/blog/ Craig B

    With all the Android tabs coming out and the Playbook, Apple will have a very hard time selling any where 40 million ipads. You will be able to choose from many sizes and prices from all the new pads coming out. This will give the consumer the ability to buy what meets their needs and not a one size fits all approach that Apple offers. Just look at how Android phones outsell the iphone.

  • Macboy15

    No norm droid does not sorry bud. They do laggy, choppy and slow os. Dam if not for iPhone droid would not be here at all.

  • Scott

    Actually, dropping the # of CDMA iPhones they plan on selling does NOT mean that they don’t intend on selling lots of Verizon iPhones next year.
    Here is what I think will happen: Apple will start selling a CDMA iPhone early 2011… and then in June,
    announce a LTE iPhone, shipping some time between July and November 2011. Sales of that will then
    more than make up for the reduction in the # of CDMA iPhones they plan on selling.
    My wife and I have both Macs and PCs, iPods, iPod Touches, an iPhone 3G, an iPad (WiFi only, with a
    Verizon MiFi [from before the recent bundling]), a Droid, and an Android 2.1 based Nook Color…
    We are waiting for LTE to upgrade our phones (both Droid and iPhone), and MiFi…

    • Rpaulson

      You obviously have way too much money and no life – how about instead of all those gadgets, you get a dog.

      • Guest

        Wow. Because *YOU* dislike top-end high-tech, you want EVERYONE to dislike it with you?
        What insanity.

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