According to Piper Jaffray analyst Gene Munster, Google has sold somewhere between 800,000 and 1 million Nexus 7 tablets since launch in June.
The analyst came to the conclusion after reading through Google's recent quarterly earnings report. The company did not directly report the Nexus 7 unit sales.
Munster says the "other income" entry in the report was a reference to the tablet. 'Other Income' came in at $666 million for the Q3. Adds Munster: "We believe Google's Other Income of $666 (compared to Street at $477) suggests that Google likely sold 800k-1m Nexus 7s in Q3. Excluding our estimated Nexus 7 impact, core net revenues would have been up 2.5 percent quarter-over-quarter vs. 4.7 percent."
Google CEO Larry Page did not waste any time urging investors to purchase the popular tablet: "Today there are over half a billion Android devices-half a billion – with 1.3 million more being activated every day. You should all run out and buy the Nexus 7 tablet for $199. It's had rave reviews and recently won Gadget of the Year from T3, the gadget experts. You'll love the integration with Google Play. It is an amazing device."
Munster says the "other income" entry in the report was a reference to the tablet. 'Other Income' came in at $666 million for the Q3. Adds Munster: "We believe Google's Other Income of $666 (compared to Street at $477) suggests that Google likely sold 800k-1m Nexus 7s in Q3. Excluding our estimated Nexus 7 impact, core net revenues would have been up 2.5 percent quarter-over-quarter vs. 4.7 percent."
Google CEO Larry Page did not waste any time urging investors to purchase the popular tablet: "Today there are over half a billion Android devices-half a billion – with 1.3 million more being activated every day. You should all run out and buy the Nexus 7 tablet for $199. It's had rave reviews and recently won Gadget of the Year from T3, the gadget experts. You'll love the integration with Google Play. It is an amazing device."
