Apple Inc. (NASDAQ:AAPL) will apparently be drastically cutting back on its production plans for a CDMA version of the iPhone, as RBS analyst Mike Abramsky said he's downwardly adjusting his sales forecast from 30 million units to 20 million units.
CDMA iPhones would be compatible with the Verizon (NYSE:VZ) wireless network. The CDMA iPhone is expected to be available for Verizon in the early part of 2011.
On the other hand, Abramsky noted it appears iPads are going to outperform during the Christmas season, and after, with about 40 million of them projected to be sold, or at least built.
Cannibalization from Apple Tablets and Google's (NASDAQ:GOOG) Android-based tablets remains a concern for the iPad.
Monday, November 22, 2010
Apple (NASDAQ:AAPL) CDMA iPhone Sales Could Drop by 10 Million
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3 comments:
Your statement that "Cannibalization from Apple Tablets and Google's Android-based tablets remains a concern for the iPad." Makes absolutely no sense! How can the Apple iPad cannibalize itself???? Nom, Nom, Nom!
Um, How could a products sales DROP when they haven't even sold one yet?
You mean one analyst is now forecasting 20 million of a product selling without even being anounced.
Plus the Apple tablet cannibalizing the iPad. Amazing what shows up on Google these days...
And the iFanboys come out in droves.....
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