AppleInsider relays a note from Fidacaro to investors that says the device is on track for an early 2011 launch with total GSM + CDMA production for the quarter at 21 to 22 million units.
For the current quarter, suppliers reportedly said that Apple is set to build between 18.2 million and 18.4 million GSM-only iPhones. Fidacaro noted those numbers are "well above investor expectations," because display panel constraints with LG Display have been resolved. Fidacaro expects Apple to sell a record 11.6 million iPhones in the fourth quarter of the company's fiscal 2010. That would be a 39 percent increase from the 8.4 million handsets the company sold in the third quarter of fiscal 2010.
"We expect the September 25 launch of iPhone in China and Apple's target of making the iPhone available in 88 countries by month end to aid results in 4QFY10," he wrote. "Our checks show that Apple is still struggling with yields on the mass production of the white iPhone 4."