+ Reply
Results 1 to 4 of 4

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Nokia Succumbs to Apple Brand in China

is a discussion within the

iPhone News

forums, a part of the

General iPhone

section;
Apple's iPhone has moved ahead of Nokia's handset offerings as the preferred choice among Chinese buyers for their next smartphone purchase according to a report by Morgan Stanley. China is
...
  1. #1
    MMi Staff Writer Phillip Swanson's Avatar
    Join Date
    Apr 2011
    Location
    Michigan
    Posts
    1,342
    Thanks
    0
    Thanked 79 Times in 46 Posts

    Default Nokia Succumbs to Apple Brand in China



    Apple's iPhone has moved ahead of Nokia's handset offerings as the preferred choice among Chinese buyers for their next smartphone purchase according to a report by Morgan Stanley.

    China is currently Apple's second largest market with revenue increasing from $3 billion in 2010 to $13 billion so far in 2011. Morgan Stanley predicts that China could surpass the United States as their largest market in three years time, adding $30 billion a year in revenue over that time period. Apple's future could be even better as a third of Chinese consumers have expressed interest in purchasing an iPhone, more than twice the interest expressed in Nokia handsets.

    In a survey of 2,050 mobile phone users, Apple increased its share of "planned purchases" by six points to 34 percent while Nokia lost 8 points falling to 16 percent of planned purchases. Samsung landed in third place increasing demand by seven percentage points, and HTC grew 14 percentage points taking the 5th place spot. Motorola remained static in 4th place.

    The potential upside for Apple is massive in China. If the Chinese consumer sentiment represent in Morgan Stanley's report is true, Apple could very well become far and away the number one smartphone manufacturer for years to come. Apple doesn't even have a deal with China's largest carrier China Mobile who provides service to 600 million+ customers. China Mobile already has 10 million unlocked iPhones running on their network, if Apple can capture 30% of their customer base that is an additional 200 million iPhone owners or more customers than AT&T and Verizon have in the U.S. combined.

    Source: Apple Insider

  2. #2
    iPhone? More like MyPhone Lombardo Joe's Avatar
    Join Date
    Nov 2010
    Location
    Southampton, NJ
    Posts
    296
    Thanks
    81
    Thanked 55 Times in 25 Posts

    Now taking bets on how quickly China takes over the world.

  3. #3
    My iPhone is a Part of Me keenpois0n's Avatar
    Join Date
    Dec 2010
    Location
    Melbourne, Australia
    Posts
    573
    Thanks
    3
    Thanked 61 Times in 48 Posts

    Quote Originally Posted by Lombardo Joe View Post
    Now taking bets on how quickly China takes over the world.
    odds are: china $1.05
    and Russia has fallen back to $3

  4. #4
    iPhoneaholic duromega's Avatar
    Join Date
    Nov 2008
    Location
    New York
    Posts
    381
    Thanks
    0
    Thanked 10 Times in 10 Posts

    Too many people in china!!





Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts