Verizon Wireless: Doesn't See Any Supply Issues With Droid X

23rd Jun 2010 20:31

By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Verizon Wireless Chief Marketing Officer John Stratton said he doesn't see any supply issues with the newly unveiled Motorola Inc. (MOT) Droid X. "We don't expect to have that problem with the Droid X," he said in an interview Wednesday with Dow Jones Newswires. Verizon Wireless had a hit on its hands with the Droid Incredible, by HTC Corp. (HTCXF, 2498.TW), but sales were hamstrung by supply issues. Verizon Wireless Chief Executive Lowell McAdam said during a recent investor conference he could have sold twice as many Incredibles if he had the supply. The carrier said the phone won't ship until July 20. That won't happen with the Droid X, which hits stores on July 15. Stratton told Dow Jones that Motorola smoothly managed the inventory for the original Droid, which experienced strong demand after an aggressive marketing campaign from Verizon Wireless. Verizon Wireless, which is jointly owned by Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD), has spoken regularly with HTC to solve the problem as quickly as possible. Analysts have pointed to shortages with the display supplied by Samsung Electronics Co. Ltd. (SSNHY, 005930.SE) as the bottleneck. "Nobody feels worse about the supply issue than (HTC CEO) Peter Chou," Stratton said. -By Roger Cheng, Dow Jones Newswires; 212-416-2153; [email protected] (END) Dow Jones Newswires June 23, 2010 15:31 ET (19:31 GMT)