- January 31st, 2012
- Carly Page
Apple could sell as many as 40 million iPhones in China next year, an analyst is claiming, following a partnership with China Telecom and China Mobile.
Morgan Stanley analyst Katy Huberty sent a note to investors yesterday, suggesting that Apple will strike a deal with the two major Chinese networks – news which has since been confirmed by China Telecom. Huberty claims this deal will see 20 percent of Chinese buyers opting for the Apple smartphone, which could see an additional 40 million iPhones sold throughout 2013.
The analyst also predicts that Apple’s sixth-generation iPhone, set to be launched as the iPhone 5, with China Mobile’s upcoming 4G TD-LTE network. She adds that the next-gen iPhone is likely to arrive in the third quarter of 2012, followed by a a China Mobile iPhone launch in late 2012 or early 2013.
However, China Telecom is likely to get hold of the iPhone before its rival network, with a launch rumoured to occur as early as next month. This will see a major boost in sales of the iPhone 4S, as the network holds 36 million 3G subscribers – the same as US network Verizon.
The iPhone first launched in China earlier this month through China Unicom, and was met by crushing crowds which saw the launch of the iPhone 4S.
“The demand for iPhone 4S has been incredible, and our stores in China have already sold out,” an Apple spokesperson said. “Unfortunately we were unable to open our store at Sanlitun due to the large crowd, and to ensure the safety of our customers and employees, iPhone will not available in our retail stores in Beijing and Shanghai for the time being. Customers can still order iPhone through the Apple Online Store, or buy at China Unicom and other authorized resellers.”
[Source: Apple Insider]