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4G/3G/WiFi

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



— Dan Jones, Site Editor, Light Reading Mobile

gtchavan 12/5/2012 | 5:38:43 PM
re: UBS: Nearly Half of 3M iPads Sold Support 4G

Considering the coverage, Verizon has to be the winner by a factor of 10 to one.

Flook 12/5/2012 | 5:38:36 PM
re: UBS: Nearly Half of 3M iPads Sold Support 4G

An astute observation. Don't know how UBS arrived at its numbers because from the videos which LR posted after speaking to buyers it seemed pretty clear that most were going with WiFi, although that was basically a straw poll.

gtchavan 12/5/2012 | 5:38:36 PM
re: UBS: Nearly Half of 3M iPads Sold Support 4G

If UBS numbers are right then it is also possible that there are others like me, who dropped theri ATT plan for Ipad 1 after the purchase of the Ipad 3, so it is possible that dispite Ipad 3's spectacular sales this could even negatively impact the ATT business.

Daniel Wong 12/5/2012 | 5:38:35 PM
re: UBS: Nearly Half of 3M iPads Sold Support 4G

"While roughly 60% of prior iPad sales were Wi-Fi only, we believe the mix for the new device is closer to 50/50"


This sounds like a guess? (it doesn't say "we have reason to believe" or "we have good reason to believe")

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