CDMA iPhone Rumor #5,452,987

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According to Susquehanna Financial Group analyst Jeffrey Fidacaro, Apple is on track to begin building 3 million CDMA iPhones starting in December. That would put the total number of iPhones produced for the quarter somewhere between 21 and 22 million. Fidacaro goes on to say that Apple will sell an estimated 11.6 million units in the fourth quarter of Apple’s fiscal 2010.

But Fidacaro’s track record isn’t so great as AppleInsider points out: “Earlier this year, before the iPad was announced, Fidacaro conducted an assumed component breakdown on the then-mythical device, projecting it to include a 4200RPM spinning hard drive and an Intel Atom mobile processor.”

Another day, another CDMA iPhone rumor.