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

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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Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.