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China Deal Could Push 2.9M iPhones in 2011

 

The iPhone's already popular status in the smartphone market could see a substantial boost once Apple wraps up negotiations with China's cell service providers. Sandford C. Bernstein & Co analyst Tony Sacconaghi estimated Apple could sell some 2.9 million handsets in the country by the end of 2011, according to the Wall Street Journal.

"Ultimately, it will probably be the fastest-growing overseas market," Mr. Sacconaghi said.

Apple is apparently getting closer to a deal with China Unicom. The cell carrier reportedly agreed to buy five million iPhones from Apple and will get a five-year exclusive deal, although neither company has officially announced an agreement. Apple is also working to resolve a Chinese government requirement prohibiting Wi-Fi support.

Unofficial reports claim China Unicom is preparing for an October iPhone launch. If so, Apple could see iPhone sales climb even higher before the end of the year.

 

4 comments from the community.

You can post your own below.

adamC said:

It’s time to stop quoting this hack, read what your Bryan Chaffin said about him      

http://www.ipodobserver.com/ipo/article/analyst_toni_sacconaghi_to_clients_i_still_dont_understand_apple/

   Quote

Brian B said:

2.9 million - cumulative? A year?  A month?  Seems a bit off if the first two and extraordinary if the latter.  Was the decimal point in the wrong location?  Perhaps 29 million by that time?  Doesn’t seem all that ambitious as written.

   Quote

Valencia guy said:

So i really suppose that that numbers are just unreal to complete,cause iPhones aren’t treated so much in China and Japan at all!=(((

   Quote

Valencia boy said:

So i really suppose that that numbers are just unreal to complete,cause iPhones arenít treated so much in China and Japan at all!=((( Valencia Travel

   Quote

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