NEW YORK (
Michael Cote of the Cote Collaborative believes Verizon has sold at least 400,000 Droid phones, more than four times as many as BroadPoint AmTech analyst Mark McKechnie's best guess earlier this week. BroadPoint's 100,000 sales estimate for the heavily hyped $200 Google Android-powered phone had been the most widely circulated guess on consumer demand for the Droid to date.
"This is a moving target," Cote says of his larger estimate.
Cote credits McKechnie with having accurate Verizon store Droid allocation numbers, but says that is only part of the picture. Cote, who is a pricing and product strategy consultant to several of the major industry players, says his checks of all Droid outlets including Best Buy (BBY - Get Report) stores and online sales show a much bigger number.A Verizon representative declined to comment on the number of Droids sold to date.
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