UBS: Nearly Half of 3M iPads Sold Support 4G

The new iPad could already be a major LTE player for Verizon and AT&T, UBS suggests

Dan Jones, Mobile Editor

March 21, 2012

1 Min Read
UBS: Nearly Half of 3M iPads Sold Support 4G

As many as half of the 3 million new iPads Apple Inc. (Nasdaq: AAPL) has sold are Long Term Evolution (LTE)-capable, a UBS AG research note suggests Wednesday.

Apple has said that it sold 3 million new iPads in 10 countries since the launch last Friday (March 16). UBS analyst John Hodulik writes that up to half were sold in the U.S., and both AT&T Inc. (NYSE: T) and Verizon Wireless saw strong sales.

Many of the new iPads sold were 4G models, Hodulik writes:

  • The new iPad is available with Wi-Fi only or with 4G connectivity (LTE and HSPA+). While roughly 60% of prior iPad sales were Wi-Fi only, we believe the mix for the new device is closer to 50/50. With an HD screen, faster processor and higher-resolution camera, we believe this device will drive demand for faster connectivity.

Why this matters
Strong LTE sales would instantly make the new iPad a major device on the AT&T and Verizon 4G networks. Tablets typically use up to five times as much data as a similar smartphone. (See What We Mean When We Say '4G', Mapping LTE: AT&T & Verizon's 4G Footprints and Cisco: Tablets Hog More Data Than Smart Phones.) For more

  • Apple Ships 3M iPads in Opening Weekend

  • Why Apple's iPad Can't LTE Band Hop

  • The New Apple iPad: Wi-Fi or LTE?

  • Apple's New LTE iPad Draws Crowds in NYC

  • iPad: No 4G Switcheroo for You!

— Dan Jones, Site Editor, Light Reading Mobile

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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