The Street: 1 million Verizon iPhones sold on launch weekend

By on February 28, 2011 at 4:51 PM.

The Street: 1 million Verizon iPhones sold on launch weekend

According to Scott Moritz over at The Street, sales of the Verizon iPhone toppled the one million units sold mark during opening weekend. In a blog post today, Mr. Moritz details just how he arrived at this number. “Dan Mead, Verizon Wireless chief, told media outlets this weekend that 60% of the company’s iPhone sales were preorders,” quips Moritz. “Recent analyst estimates say Verizon’s iPhone preorders totaled 600,000, and if that was 60% of total sales, then 1 million iPhones were sold on the debut weekend.”

Feels sort of like the movie Inception, doesn’t it? A dream within a dream is very unstable. In this instance, speculation within speculation also seems pretty shaky (perhaps Mr. Moritz needs Yusuf to taylor compounds specific to his needs).

Verizon continues to emphasize the strength of its iPhone sales and that it will not discuss exact figures until its first-quarter earnings call in April. Thoughts? More →

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NPD: Apple computer sales up 20% in January, iPod sales down 10%

By on February 22, 2011 at 7:26 PM.

NPD: Apple computer sales up 20% in January, iPod sales down 10%

Apple watcher Gene Munster of Piper Jaffray on Tuesday revealed NPD Group data showing estimated Apple computer shipments in the U.S. for the first month of the company’s 2011 fiscal year. According to NPD Group’s numbers, Mac sales were up 20% year-over-year in January and shipments are on pace to reach 3.6 million units in the quarter. Wall Street is expecting global Mac sales to grow 22% year-over-year, and Munster believes Apple will meet expectations. Conversely, NPD shows that U.S. iPod sales declined 10% in January compared to the same month last year. Apple is expected to unveil a refreshed MacBook Pro line very soon, and strong demand for its popular MacBook Air laptop line should result in strong sales for the remainder of the quarter. More →

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RBC: Verizon to sell over 1 million iPhones in first week, 3-4 million in Q1

By on February 9, 2011 at 10:45 AM.

RBC: Verizon to sell over 1 million iPhones in first week, 3-4 million in Q1

In a note to investors on Tuesday, RBC Capital Markets General Manager Mike Abramsky issued the firm’s estimates for sales of Verizon Wireless’ iPhone 4 during its first week and first quarter of availability. Best on the firm’s pre-order estimates, RBC believes that first-week sales of Verizon’s iPhone 4, which goes on sale tomorrow, will surpass 1 million units. Channel inventory at launch is estimated to be between 1 and 1.5 million units, and Abramsky thinks the entire inventory may be depleted during the phone’s first week of availability. RBC also projects that between 3 and 4 million Verizon iPhone 4 units will be sold during the first quarter of 2011. Finally, RBC notes that its previous estimates of between 9 and 10 million Verizon iPhones being sold during the 2011 calendar year may be conservative. Verizon Wireless took pre-orders from existing subscribers on February 3rd and stated that the highly anticipated smartphone broke its previous first-day sales record in less than two hours. Pre-sales were available for a total of 17 hours and analyst estimates for total pre-sales on February 3rd are as high as 500,000 units.

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Yankee Group: eReader business to hit $8 billion by 2014

By on February 8, 2011 at 12:30 PM.

Yankee Group: eReader business to hit $8 billion by 2014

Do you feel special sitting at Starbucks with your venti, iced carmel macchiato (skim milk, two pumps, no whipped cream), wearing that fedora, and palming your eReader? If you do enjoy that sort of thing, you might want to wipe that smug grin off of your face, because according to research from the Yankee Group, eReaders are going to be a lot more common in the coming years. Analytics company Yankee Group estimates that 11 million eReaders were sold in 2010, generating a respectable $1.9 billion in revenue. What’s even more impressive is the analytics company predicts that sales will boom to 72 million units by 2014 generating revenues of around $8.2 billion. What will you do to establish non-mainstream street cred while at Starbucks? We’re not sure, but eReaders are so trendy now. More →

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BlackBerry PlayBook is ‘dead on arrival’, analyst claims

By on February 1, 2011 at 4:05 PM.

BlackBerry PlayBook is ‘dead on arrival’, analyst claims

Wedge Partners principal Brian Blair on Tuesday issued a note to clients that called RIM’s upcoming virgin tablet offering “dead on arrival.” RIM is set to debut the BlackBerry PlayBook next month and opinions of press, bloggers and analysts have been very polarized thus far. Some think the PlayBook will be well received by the enterprise market, projecting that RIM could sell as many as 6 million units in the PlayBook’s first year of availability. Others, however, are not so optimistic. “[The BlackBerry PlayBook] will be sharply inferior to other tablets on the market and consumers won’t buy it,” Blair told CNBC when asked about his note to investors. “They are targeting it at enterprise but I believe very few will actually roll it out widely.” Blair says that the PlayBook’s need to be tethered to a BlackBerry smartphone in order for users to access email, contacts and the calendar is the biggest disappointment surrounding RIM’s upcoming tablet. He goes on to suggest that the PlayBook could potentially end up costing RIM “hundreds of millions of dollars” in “product development, production and related rollout and marketing costs.” More →

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BlackBerry PlayBook production in full swing ahead of launch

By on January 28, 2011 at 12:17 PM.

BlackBerry PlayBook production in full swing ahead of launch

Rumors of possible delays may be further quashed on Friday as industry watcher DigiTimes reports that production of the BlackBerry PlayBook tablet is now in full swing. Quanta, the China-based manufacturer charged with building the BlackBerry tablets, is said to have ramped up production ahead of the device’s anticipated release in March. A pace of 150,000 to 200,000 units per month has reportedly been reached, and shipments could be ready as soon as next month. Quanta is said to be building PlayBook tablets in its facilities in Taiwan, though the majority of its plants are located in mainland China. An earlier report from DigiTimes claims that RIM has 1 million BlackBerry PlayBook tablets on order in the first quarter of 2011. RIM plans to launch a Wi-Fi-only version of its PlayBook tablet in March, while 3G and 4G versions are expected later in the first half of this year. More →

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BlackBerry PlayBook sales could hit 6 million units in first year

By on January 25, 2011 at 9:11 AM.

BlackBerry PlayBook sales could hit 6 million units in first year

In a note to investors Tuesday morning, RBC Capital Markets GM Mike Abramsky suggests that RIM may sell 6 million BlackBerry PlayBook tablets in the device’s first year of availability. In an independent survey of 1,100 consumers conducted after the Consumer Electronics Show in January, RBC found that 6% of respondents were likely to purchase the BlackBerry PlayBook once it comes available. This represents almost 50% of the interest shown in the iPad ahead of launch, according to a similar RBC survey. The firm’s data shows that the PlayBook is appealing to early adopters and power users, and key areas of interest compared to Apple’s iPad include the 7-inch form factor, impressive specs, multitasking capabilities, speed and power, the BlackBerry brand and the security features. As a result of the strong buying intentions revealed by its survey, RBC contends that the PlayBook could sell 4 million units in the 2011 calendar year and 6 million units in its first 12 months of availability. The firm’s new sales estimates are significantly higher than Wall Street’s consensus of 2-3 million units in the 2011 calendar year. RBC expects the Wi-Fi-only version of the BlackBerry PlayBook to launch in mid-March at a price point between $399 and $449, with 3G and 4G versions to follow this summer. The firm also reiterated its price target of $90 for RIM’s stock.

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1M BlackBerry PlayBook tablets, 800K Motorola XOOMs on order for Q1 according to report

By on January 14, 2011 at 1:13 PM.

1M BlackBerry PlayBook tablets, 800K Motorola XOOMs on order for Q1 according to report

According to an unconfirmed report, Chinese manufacturer Quanta Computer will build and ship over 1 million BlackBerry PlayBook tablets for RIM in the first quarter of 2011. DigiTimes cites industry sources in reporting the numbers, and also states that Quanta will ship between 700,000 and 800,000 Motorola XOOM tablets in Q1. The report claims RIM will launch the Wi-Fi-only version of the PlayBook in March, with 3G and 4G versions to follow in the second quarter. The report also claims, however, that Motorola will begin offering an “LTE version” of the XOOM tablet in the second quarter of this year after launching the 3G model in Q1. This assertion is inaccurate according to Motorola, which said its XOOM tablet would only gain 4G LTE connectivity using a forthcoming modem attachment. BGR published a lengthy hands-on video demonstration of the BlackBerry PlayBook in December, and we played with it again at CES in early January. The QNX-based tablet managed to impress us on both occasions. We also checked out the Android Honeycomb-powered Motorola XOOM tablet at CES and it was quite impressive as well. More →

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Canalys: Android will double competitors’ growth rate in 2011

By on January 13, 2011 at 4:21 PM.

Canalys: Android will double competitors’ growth rate in 2011

According to a new report from research firm Canalys, Android is poised to grow at more than twice the rate of its closest competitors in 2011. The firm says Google’s Android OS will not be held back by fragmentation or the Verizon iPhone as its market share continues to explode globally. “The growth of Android has been phenomenal, but so too has the number of related devices launched with different hardware and software specifications,” said Canalys Principal Analyst Chris Jones in a statement. “This has led to the market perception of it as a fragmented platform, though we believe that growth will continue as the pace of Android OS upgrades slows.” According to Canalys’ numbers for the third quarter of 2010, Android owned 25.1% of the worldwide smartphone market, having shipped 20 million units in the quarter. Android was behind only Symbian, which held its lead with 37% of the market. Hit the break for Canalys’ full press release. More →

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Samsung aims to triple smartphone sales; 60 million units in 2011

By on January 11, 2011 at 11:20 PM.

Samsung aims to triple smartphone sales; 60 million units in 2011

Following an interview on Tuesday with Samsung Mobile boss J. K. Shin, Korea Times reports big phones and bigger aspirations are set to from electronics giant Samsung in 2011. Shin told the Korean paper that Samsung will establish itself as a top mobile brand this year, and it’s swinging for the fences. Samsung projects smartphone sales in 2011 to triple last year’s totals, skyrocketing from 20 million to 60 million units. “I think we did better than our previous goal of selling 270 million mobile phones in 2010. The 20 million smartphones sold gives us a foundation to build on in the premium segment too,” Shin told Korea Times. “Our plan for this year is to sell 60 million smartphones and cement ourselves as a global top-tier brand in this segment.” Shin said last week that Samsung plans to introduce several new smartphone and tablet models next month at Mobile World Congress. More →

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HTC to ship 10 million 4G smartphones in 2011

By on January 10, 2011 at 1:31 PM.

HTC to ship 10 million 4G smartphones in 2011

According to a new report from industry watcher DigiTimes on Monday, HTC is expected to ship 10 million 4G smartphones in 2011. The Chinese website claims industry sources have pegged 10 million as the probable figure for shipments this year, and the estimate includes only LTE and WiMAX-enabled smartphones. Both T-Mobile and AT&T have decided to refer to their HSPA+ networks as “4G” as well, but DigiTimes’ reported figures do not account for HSPA+ smartphone sales. The site’s sources state that HTC shipped 3.5 million 4G smartphones in 2010 — 3 million of which were EVO 4G units for Sprint and 500,000 of which were myTouch 4G phones for T-Mobile. The inclusion of T-Mobile’s myTouch 4G, which does not support LTE or WiMAX, is curious considering the site claims HSPA+ phones are not accounted for in its 2011 projections. With Verizon Wireless, AT&T and Sprint all pushing LTE or WiMAX hard in 2011, we wouldn’t be surprised if DigiTimes estimates end up being low. More →

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Citibank: Apple’s App Store will generate $2 billion in 2011

By on December 31, 2010 at 11:31 AM.

Citibank: Apple’s App Store will generate $2 billion in 2011

Apple’s App Store has been a driving force behind the revitalized app economy ever since it first launched. According to Citibank, the App Store’s dominance won’t be slowing down anytime soon. In its U.S. Internet Stock 2011 Playbook, Citibank estimates that Apple will pull in up to $2 billion in gross revenue next year via the App Store. And if research firm Gartner’s forecasts are accurate, that number could be low. Gartner believes the global app market in 2010 totaled $4 billion, and that revenues will climb to a staggering $27 billion over the next two years. The growing popularity of smartphones is obviously seen as a major contributing factor to the exploding app market. According to Citibank, smartphone sales grew 53% in 2010 — though growth is expected to slow in 2011 to 29%. More →

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Sony on pace to sell 15 million PS3 consoles this year

By on December 22, 2010 at 9:02 PM.

Sony on pace to sell 15 million PS3 consoles this year

Microsoft’s Kinect sensor may have stolen the show this holiday season, but it looks like Sony might have the last laugh. Kazuo Hirai, head of Sony’s games division, sat down with reporters on Wednesday to talk PlayStation. Hirai confirmed that Sony’s PlayStation 3 console sales are currently in line with the company’s expectations. In the fiscal year ending March 31, 2011, Sony is on track to sell 15 million PS3 game consoles — up over 15% from last year’s 13 million consoles. Sony also announced last month that it had sold 4.1 million PlayStation Move controllers in two months. Independent gaming industry monitor VGChartz indicates that Sony has sold 12.4 million PlayStation 3 consoles so far this calendar year, landing it ahead of Microsoft’s Xbox 360 (11.3 million) and behind the Nintendo Wii (15.7 million) and DS (19.2 million). More →

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