
Motorola Droid Sales March On
Motorola
(MOT)
Droid sales
continue at a steady rate in their second week. Put that somewhere between brisk and halting.
The latest estimate comes from the familiar Broadpoint AmTech analyst Mark McKechnie, the original "guesstimator" who put
at
Verizon
(VZ) - Get Free Report
stores at 100,000 a week ago. McKechnie says recent checks show the "sales pace remains strong."
McKechnie is now confident that Motorola is on track to sell Verizon 600,000 Droid phones this year.
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Overall, McKechnie says Motorola will likely sell 1 million Android phones if you include the tally of
Best Buy
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and online Droid sales along with Cliq sales at
Deutsche Telekom's
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T-Mobile and Milestone (Canadian Droid) sales at
Rogers Communications
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.
The 600,000 year-end number is more consistent with the
400,000 Droid supply estimate last week
by Michael Cote of the Cote Collaborative.
And while sales to phone companies aren't a true measure of phone sales to customers, they can provide Motorola investors a view on supply levels.
Droid is Motorola's $200,
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Android-powered flagship phone that is key to the turnaround strategy at the fallen tech titan. The closely-watched Droid sales have clearly fallen short of the high
Apple
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iPhone-like expectations for a quick 1-million-sold debut. But the Droid has been a modest success, given its North America-only scope and the intense rivalry in the smartphone market with BlackBerrys from
Research In Motion
(RIMM)
and other Android-powered phones from
HTC
.
While some analysts have placed the Droid's debut on par with the weak-selling
Palm
(PALM)
Pre, McKechnie says its sales might track higher than that.
"We view the Storm's initial launch success at Verizon last year as the upper end of what Droid might be able to achieve in its first few months," McKechnie wrote in a research note Tuesday.
Motorola Droid |
Verizon sold 1 million touch-screen BlackBerry Storms in first 80 days of its introduction last year.
McKechnie's estimate of 100,000 Droids sold in the first weekend at Verizon was considered troubling by some analysts, and set off
a noisy debate over the measure of success
. Verizon needs a blockbuster phone for the holidays to counter the magnetic pull of the iPhone at rival
AT&T
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. Given the estimated $100 million marketing investment Verizon has made on Droid, anything short of 1-million sold this year will be considered a bust.
Motorola shares, which have doubled in value this year on hopes of an Android-powered turnaround, were up 1.5% to $8.83 Tuesday.
-- Written by Scott Moritz in New York
.