Sales of Nexus 7 Tablet Near 1 Million Units per Month
October 31, 2012 10:05 AM
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Still a long way from iPad sales figures
Typically, ASUS and Google keep sales figures very hush hush. ASUS makes the Nexus 7 tablet for Google and recently an executive told the
Wall Street Journal
some of the most detailed information on sales statistics for the Nexus 7 tablet so far.
ASUS CFO David Chang said, "At the beginning, it was, for instance, 500K units a month, then maybe 600, 700K. This latest month, it was close to 1 million."
The seven-inch Nexus 7 tablet starts at $199 and the sales figures were offered during the Q3 earnings call this week.
Previous Q3 sales estimates for the Nexus 7 tablet estimated sales of between 800,000 and 1 million units for the entire quarter. Chang's comments suggest that ASUS and Google have sold significantly more Nexus 7 tablets than previously believed.
While sales estimates for the Nexus 7 tablet appear to be significantly higher than previously expected, they're still a drop in the bucket compared to the volume of iPads Apple is selling. Q3 sales numbers for the iPad is pegged at 14 million units. The overall tablet market during the quarter shipped 25 million tablets globally. That means more than half of all tablets sold around the world were Apple iPads.
Many expect Apple to grab even more of the tablet market with the launch of the iPad mini. The new smaller and cheaper Apple tablet doesn't appear to be as good on paper as some of the Android offerings already on the market, but Apple has proven time and again that its brand cachet lures users to pay more money for its products.
Google also recently unveiled more
including a Nexus 4 smart phone and a Nexus 10 tablet.
Wall Street Journal
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RE: Interesting definition of drops and buckets
11/1/2012 1:55:41 PM
"I still see Galaxy 10.1" and occasionally Xooms in store displays - doesn't that suggest that these (ancient, by today's standards) tablets are still in inventory somewhere?"
sure... just not alot, unless someone somewhere made a mistake on their inventory.
Anyhow since Enron, accounting practices for companies are monitored by auditing firms. It really is difficult to lie on a large scale. You can fudge #'s and pull in from next quarter or push out to next quarter, but you really cant do it for more than a few quarters... Eventually it all washes out. If a company says they are moving X amount its most likely very close to that amount. If not and mistakes are made they get massively dinged and taxed for excess inventory and you see things like fire sales, or like when RIMM lowered the price of its playbook from $500 to $200 overnight... My god, I just bored myself to tears. So glad I am no longer working in supply chain LOL.
"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton
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