Verizon sells 100,000 Motorola DROID units in first weekend - PhoneArena

Verizon sells 100,000 Motorola DROID units in first weekend

Verizon sells 100,000 Motorola DROID units in first weekend
A stock market analyst, Mark McKechnie, estimated that Verizon stores had 200,000 units of the Motorola DROID on hand to sale at launch. He figures that the stores were able to sell half of its' stock which would indicate that Big Red sold 100,000 phones during the opening weekend. Motorola expects 1 million DROID's to be sold over the balance of the year with 10 million crossing the cash register in 2010. "I see the first few days as encouraging," McKechnie said. "There seemsto be pretty good demand -- they've taken the right steps and picked agood partner with Google on the Android side." Another analyst, Jim Suva of Citigroup, expects 1.3 million handsets to be sold in the fourth quarter with 9.2 million moving in 2010. While we hate to bring up the "i" word, these figures compare with Apple's forecast of 8 million iPhones that will be sold in the current quarter with 28.5 million getting sold in 2010.

The Motorola DROID should be a boon to the Schaumberg based manufacturer whose marketshare in the handset biz has dropped from 10% in the second quarter of 2008 to a current 5.6% As for the nation's number one carrier, Verizon now has a phone that can match up to the iPhone and the current roster of ads cracking on AT&T's notoriously spotty 3G coverage has led to a negative perception of the latter carrier among the 18 to 34 year old demographic, a group that has the necessary discretionary funds to purchase a phone like the DROID.

Motorola DROID Specifications | Review

source: AppleInsider

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