RBC: Verizon iPhone to sell 9-10 million units in 2011
In a note to investors on Monday, RBC Capital Markets Managing Director Mike Abramsky stated that Verizon Wireless may sell 9-10 million iPhones in 2011. The figure represents RBC’s preliminary estimates covering the 2011 calendar year. RBC’s projection is up to double the street’s earlier consensus of 5 million units. Abramsky notes that while Apple CEO Steve Jobs may make an appearance at the Verizon Wireless iPhone event scheduled to take place tomorrow, RBC does not anticipate additional product announcements. Previous rumors suggested Apple might also announce an iPad 2 compatible with Verizon Wireless’ data network at the event. Verizon Wireless is expected to announce the CDMA iPhone at a special press event tomorrow, January 11th, and BGR reported exclusively that the device looks set to launch on February 3rd.
Zach Epstein
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
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