Analyst: 2011 Verizon iPhone Demand Could Reach 25 Million Units
With Verizon set to launch the iPhone in just a few weeks, analysts have been attempting to estimate just how many units Apple might be able to sell through the carrier during the first year, with many analysts projecting the number to be in the range of 10 million units and reports of Apple preparing for shipments of 25 million CDMA iPhone units worldwide suggesting that the estimates may at least be in the ballpark.
But
according to All Things Digital, one analyst has gone out on a limb to note that Verizon might be able to sign up as many as 25 million iPhone customers over the first year, if Apple can make the units quickly enough. According to R.W. Baird analyst William Power, surveys of current wireless customers reveal that substantial numbers of both current feature phone and smartphone users say that they are "probably" or "definitely" going to purchase a Verizon iPhone soon after the device's launch.
From the survey:
- 29 percent of current Verizon feature phone owners said they will "probably" or "definitely" upgrade to the Verizon iPhone in the next three months. The carrier has roughly 64 million postpaid feature phone users, so that's 19 million potential iPhone upgrades, assuming eligibility.
- 25 percent of Verizon's current smartphone users said they will "probably" or "definitely" switch to the iPhone. That's 4.8 million additional potential iPhone sales, again assuming eligibility.
Grand total: 23.8 million potential Verizon iPhone salesfrom the carrier's installed base alone. Add to that the 5.6 percent of current AT&T iPhone users who told Baird they planned to switch to Verizon and that number rises to nearly 25 million.
Surveys of future buying plans are of course subject to a fair degree of error when it comes to predicting actual results, as some customers will undoubtedly fail to follow through on their stated plans. Taking into account that factor, as well as constraints on Apple's production capacity and the eligibility of surveyed customers to upgrade at the best pricing, Power is maintaining an estimate of 10 million Verizon iPhone activations in the first year, but the survey result do indicate incredible awareness of and interest in Apple's smartphone offerings.
Popular Stories
Following over three months of beta testing, iOS 18 was finally widely released to the public on Monday, September 16. The update is available in the Settings app under General → Software Update on the iPhone XS and newer. Below, we have highlighted eight key new features included in iOS 18, and Apple shared a complete list of new features and changes last week. Note that Apple...
It's that time of year again. Apple is about to release iOS 18, which promises to bring a range of new features and improvements to iPhones worldwide. It's Apple's biggest software update of the year, and the company is expected to release it sometime today – Monday, September 16. Based on past releases, the update is likely to drop at around 10:00 a.m. Pacific Time/1:00 p.m. Eastern...
Apple has seemingly leaked the rumored next-generation Mac mini with five USB-C ports, according to a code change within Apple software that was discovered today by MacRumors contributor Aaron Perris. The code refers to an unreleased Mac mini model with an Apple silicon chip and five ports, which lines up with a previous report from Bloomberg's Mark Gurman that said the next Mac mini will be ...
The "Apple ID" era is officially over. The transition from "Apple ID" to "Apple Account" went from a rumor to an official announcement to something that has now been fully completed. As of this week, the account.apple.com website is fully updated with Apple Account branding. "Apple ID is now Apple Account," the page says. "You can still sign in with the same email address or phone...
Apple will likely hold another event in October this year to announce new Macs and iPads. If so, it would be the fourth time in the last five years that Apple has held an event in October. Last year, Apple held a virtual event on Monday, October 30 to announce new MacBook Pro and iMac models with the M3 series of chips. In his Power On newsletter today, Bloomberg's Mark Gurman reiterated...
Apple analyst Ming-Chi Kuo today said demand for the iPhone 16 Pro and iPhone 16 Pro Max has been "lower than expected" since the devices became available to pre-order in the U.S. and dozens of other countries on Friday. Kuo said his data is based on a "supply chain survey" and shipping estimates listed on Apple's online store. Kuo estimated that sales of all four iPhone 16 models reached...
