Apple Expands 4S Sales in China

	Apple Expands 4S Sales in China Transcript by www.newsy.com BY REGINA C. WANG ANCHOR LAUREN ZIMA China Telecom might be the smallest of three mobile operators in China but it is now the second iPhone 4S carrier there. China Unicom is the other. Apple's been very focused on China. The Wall Street Journal reports. "Apple's sales in China and Hong Kong totaled $12.47 billion in the fiscal year ended Sept. 24." Besides earning more profits, there might be another benefit for Apple to add another distributor in China -- happier customers. In January, large unruly crowds ended up egging Apple's flagship store in Beijing after they found out Apple had decided to postpone sales of the 4S. According to Bloomberg, Apple's expansion will be limited until it can China Mobile on board. "China Mobile Ltd., the world's largest carrier by customers, is now the only Chinese wireless company not offering the iPhone with a service contract." Apple has been trying for years to woo China Mobile. According to CNN Money, if Apple gets China Mobile, that would greatly expand Apple's market share in China. Katy Huberty, an analyst from Morgan Stanley, spoke with CNN. "Huberty estimates that once that happens -- perhaps as early as this fall -- iPhone sales in China could quickly grow to 40 million a year."	From: NewsyWorld Views: 0 0 ratings
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