Apple Likely To Sell 40 Million iPhones In China Next Year
Apple may have faced some problems due to the violence and chaos that occurred in China during the launch of iPhone 4S there. However, the same incident proved how much Chinese people are crazy about iPhone and how much they would love to posses iPhone. Obviously Apple now sees China as a lucrative market.
Apple was subsequently forced to suspend iPhone sales at the stores in Beijing and Shanghai to help keep the peace and prevent further gathering of riotous crowds. Apple said that the security and safety of store employees was more important. Apple Inc announced it would offer the device through its online store and other authorized resellers until the fervor settled.
Given the craze for iPhone that has gripped China, on Monday investment bank Morgan Stanley revealed its belief that Apple will soon team with both China Telecom and China Mobile to make its iPhone available on all three Chinese carriers. According to analysts, Apple could sell upwards of 40 million iPhones in 2013 alone if that happens. By comparison, Apple sold 68.5 million iPhones globally in all of fiscal 2011.
Analyst Katy Huberty said that another factor that will help drive sales is the likelihood that Apple’s sixth-generation iPhone about which there are speculations that it would be compatible with China Mobile’s looming 4G TD-LTE network.