Verizon Wireless CEO McAdam says Droid Incredible sales hurt by component shortages

Verizon Wireless CEO McAdam says Droid Incredible sales hurt by component shortages
Verizon Wireless CEO Lowell McAdam had plenty to say at the Reuters Global Technology Summit. He said that shortages for some components-like the screens made by Samsung-are hurting sales of the hugely popular HTC Droid Incredible. 100,000 units sold in the first two days after launch, but sales of the device are restricted to online orders because of the part shortage. Every time inventory of the Droid Incredible makes it to a store, it is immediately sold out."When a shipment gets to a store now, it's gone in a matter of hours," said McAdam, "We've had to pull way back...Right now supply is a big problem." And while the Motorola DROID remains a very popular phone, the exec says that the Droid Incredible would "definitely outsell" the DROID if not for the component shortages.

Verizon is also hard at work building out its 4G LTE network. By the end of the year, the carrier is expected to have 25-30 markets ready for the next generation network, covering 100 million people including New York. McAdam feels that Verizon has an 18 to 24 month head start on other LTE providers-like AT&T. Also in the pipelines for Big Red are Android powered tablets that will be available in the second half of the year and are
designed to compete with Apple's iPad. Originally to be sold for use on Verizon's CDMA network, buyers will be able to upgrade them to LTE where the speeds are fast enough to download a feature film in under a minute. McAdam said he will demonstrate the first LTE tablets and phones at the Consumer Electronics Show in January. By the end of 2013, the carrier hopes to have LTE coverage for its entire network.

HTC Droid Incredible Specifications | Review
Motorola DROID Specifications | Review

source: MSNBC


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22 Comments

1. ILOVEIPHONE25 unregistered

I bet HTC is kicking itself right!

4. herbiederb

Posts: 275; Member since: Jan 28, 2010

HTC is kicking itself all the way to the bank EVO.. SOLD!

5. Striker13084

Posts: 128; Member since: Mar 30, 2009

HTC is garbage equipment that falls apart after a few months. I want to see what happens when there is a string of plastic phones snapped in half and all the moto Droid owners are sitting there laughing. HAHAHAHAHAHAHAHAHAHA

7. iHateCrapple

Posts: 734; Member since: Feb 12, 2010

100,000 in two days? I don't think it's garbage.

8. BlackberryUser

Posts: 609; Member since: Jun 26, 2009

Mine has been good so far, I'm impressed with the quality. battery life is my only complaint.

10. phonedemocracy

Posts: 98; Member since: Sep 30, 2009

You're garbage. GARBAGE.

11. remixfa

Posts: 14605; Member since: Dec 19, 2008

yea.. it must be hard to be HTC huh? LOL They have The HD2 and Incredible already sold out the second they get stock, and they are bout to load the "out-of-stock" bases when the Evo comes out. Add to that the nexus 1 is about to be in store, the mytouch slide is an exellent phone, and all the other phones they already sell... its gonna be a fantastic year for them. Grand Slammin

15. hbk

Posts: 9; Member since: May 15, 2010

Verizon is kicking itself to number 2. I can't recall one time they have launched any phone correctly, marketing and inventory being on the same page will be the day hell freezes over.

17. networkdood

Posts: 6330; Member since: Mar 31, 2010

WoW, my OLD TILT is 2 years old owned, and I have dropped it numerous times - works great - has great sound quality, carries the signal with no problems, great with data and changes ROMs with ease.......yep, it is a piece of garbage (not) - I believe you are confused with that has-been company - MOTOROLA...

20. PapaJay224

Posts: 866; Member since: Feb 08, 2009

This is what happened when you have a reliable network and a BA phone. Id love to see EVO do this well.

2. WnnaFghtAboutIt

Posts: 149; Member since: Aug 31, 2009

htc was juggling too much at once with the nexus, the incredible and the evo 4g... verizon pushed the incredible launch when it did so that the new iphone news would be forgotten about...but then this happened and well....kind of a fail

18. networkdood

Posts: 6330; Member since: Mar 31, 2010

I love HTC, but when IPHONE IV is released it will sell a million very fast.....not sure ifd I will get one, though....

21. iHateCrapple

Posts: 734; Member since: Feb 12, 2010

And we care about the iphone here because....??

3. Verizon

Posts: 22; Member since: May 14, 2010

HTC should've known it was going to be a hot seller. They released it before they had enough.

12. remixfa

Posts: 14605; Member since: Dec 19, 2008

having it out of stock actually increases demand..lol people want what they cant have. why do you think nintendo kept the wii constantly out of stock for nearly 2 years? lol. they sold em by the shit-ton.

6. Sellcell

Posts: 118; Member since: Mar 16, 2010

Lets all hope that this doesn't happen with the EVO

9. BlackberryUser

Posts: 609; Member since: Jun 26, 2009

It will, look at the iPad. Apple had the same problem. Honestly it creates scarcity which makes it more desired.

19. jd829

Posts: 155; Member since: Feb 24, 2010

you mean let the 5 people here who have sprint hope this doesn't happen to the EVO lol...

13. wade1968

Posts: 224; Member since: Apr 12, 2010

fail verizon flag ship phone and don't have stock are you kidding. sprint's going to have the same problem with evo case in point hd2 t-mobile. last but not least verizon you pull this with the google tablet and half a** its release you will miss out on what could have been to, damn look at the money we could have made. i as a cutomer of several electronics I am getting very tired of this game of leak a phone make us wait for 6-12 months just to go and buy it to be told sorry we're out of stock. HTC why wait on samsung your compeditor to make displays htc should be large enough to make their own displays.

14. pingpong

Posts: 145; Member since: Mar 28, 2010

Because it is out of stock on purpose. Nobody wants something that is easily available. When something is out of stock people want it more. I'm sure HTC is surely "failing" at making tons of money... I for one have not been able to keep any shipment of HD2s in stock at our store for longer than 15 minutes when it comes in.

16. whocares

Posts: 235; Member since: Dec 19, 2009

When its out of stock people buy something else...

22. iHateCrapple

Posts: 734; Member since: Feb 12, 2010

Depends on the person

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