Piper Jaffray: Verizon iPhone to sell 9 million units in 2011

By on Dec 15, 2010 at 8:26 AM
mobile December 15, 2010

In a new research note, Piper Jaffray analyst Gene Munster estimates that Apple will sell approximately 9 million iPhone handsets through Verizon Wireless next year. While the figure seems low considering AT&T sold 5.2 million iPhones in the third quarter of 2010 alone, Munster’s numbers are conservative, as he believes the iPhone will have much stiffer competition on Verizon’s shelves than it does in AT&T stores. Munster thinks Verizon Wireless will sell approximately 25 million smartphones next year, and expects the iPhone to account for roughly 36% of sales. He goes on to write that sales of the iPhone through AT&T will be cannibalized by the Verizon launch, and projections have been adjusted from 17.5 million to 11 million units in 2011. This would bring total U.S. iPhone sales for the year to 20 million, or just 2.5 million units more than projected 2010 totals. Munster does note, however, that these estimates may be conservative.

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  • Ms. Incredible

    Dear BGR I predict that in 2011 the toothfairy will visit 3 million childrens home and pay out over 6 million in tooth fees. Yup that’s about as accurate as the article you just posted. Sincerly, Miss Incredible xoxo

  • robu

    steve is awesome. Sell them Verizon iPhones in January without LTE and the same sheep will by them again in less than a year to have LTE.

    • robu

      Crappy proofreading. Buy not by.

  • Anonymous

    9 million? I don’t think so…
    It will sell more than that. More like 15-20 million.

  • Anonymous

    his vision is $$$$$$$$$….

  • Observer

    Verizon started selling the Ipad in late October, the wifi version rigged with a MIFI hotspot. Why do you think they would go through the trouble of selling an Apple product that was jimmy rigged to work on their network? And why would they give it’s valuable space in verizon wireless stores? The answer is……. THE IPHONE IS LAUNCHING early 2011.

  • MsPriss2010

    …AH, COMING FROM SOMEONE WHO WORKS AT AT&T, LET ME BREAK THIS DOWN FOR YOU GUYS…

    1. THE APPLE iPHONE IS 5 YEARS OLD
    2. MORE INNOVATIVE DEVICES (ANDROID, WP7, ETC) ARE ON EQUAL PLAYING FIELD AS iPHONE
    3. VZ AND ATT PLANS ARE IDENTICAL, AND YES, VZ HAS TIERED DATA PLANS AS WELL. AT&T WILL NOT PUSH YOU OUT OF YOUR CURRENT UNLM DATA PLAN IF YOU HAVE IT. ALSO, YOU ARE GRANDFATHERED INTO THE PLAN REGARDLESS OF WHAT SMARTPHONE YOU GO TO (I.E $30 DATA PLAN FOR IPHONE CAN BE SWITCHED TO $30 ANDROID UNLIM DATA PLAN)
    4. AT&T HAS THE MOST CHOICES IN SMARTPHONES…PERIOD! WE DONT NEED THE iPHONE TO STAY AFLOAT!
    5. VZ KICKED THEMSELVES IN THE BUTT WHEN THEY DECLINED THE OFFER FOR THE iPHONE TO BEGIN WITH (SRRY FOR SUCH A BAD BUSINESS DECISION…)
    6. OUR 3G IS 5X BETTER THAN VZ’s…
    7. VZ KISSED A LOT OF BUTT TO GET THE AGREEMENT BACK (IF AT ALL)
    8. IM REALLY TIRED OF HEARING THIS BACK AND FORTH…i WANT VZ TO GET THE iPHONE, SO WE CAN ACTUALLY HAVE OTHER TOPICS TO DISCUSS THAN THIS BS!!!
    9. GET READY FOR CHARGE-BACKS AND CHURN FROM ANGRY CUSTOMERS, AND INCOMPETENT SALES REPS WHO DONT KNOW HOW TO SELL/REPAIR/TROUBLESHOOT AND IPHONE…THAT WILL BE FUN TO HEAR!
    10. DONT BELIEVE THE HYPE…VZ’s RED FOR A REASON…!!!

    • MsPriss2010

      …oh, and BTW…the iPhone is getting old…soon its going to be sporting “Antique License Plates!” LoL

      srry, im moving on to bigger fish in the pond.

    • http://twitter.com/livingbasehead Shelton

      See that key on the left side that says caps lock.. try pressing it.

      No saying your Bias. but you work for Atnt.. sooo your not extactly Not Bias.

  • Anonymous

    Hmm, does the AT&T’s price is much higher than Verizon?
    I think I would like to choose the Verizon one personally. And maybe it’s also a good idea to giving and using iPhone 4 as a goft this holiday season.
    U can read the insights: http://www.ifunia.com/articles/giving-and-using-iphone-this-holiday-season.html

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