Analyst: Verizon to sell more LTE iPad than AT&T

Andre Yoskowitz
10 Mar 2012 14:49

According to one analyst, Verizon will sell more LTE iPads than rival AT&T.
Kevin Smithen of Macquarie Securities USA says Verizon will sell 3-4 million of the new iPad this year while AT&T lags behind at 2 million units. Both companies have LTE networks, although Verizon's covers a significantly higher portion of the population.
The carrier will likely benefit more from the tablet's launch due to its wider footprint and the fact that the tablet can be used as a mobile hotspot with Verizon and not with AT&T.
Verizon's LTE network covers 200 million customers while AT&T's only covers 74 million.
Apple launched the LTE iPad on March 7th for release on the 16th. The device features a Retina Display (2048x1536) screen, an A5X chip with quad-core graphics and a new iSight camera with an f/2.4 aperture and a five-element lens, capable of 1080p video recording with improved software stabilization.

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