According to Brian White , a Ticonderoga Securities analyst. Apple and China Telecom have reached an agreement to Launch two new iPhone models [Simplified iPhone 4 and iPhone 5] in China by the end of October.
“According to Sohu.com, China Telecom will offer two types of iPhone that include the iPhone 5 and a ‘simplified iPhone 4,’†says White. “Essentially, this potential ‘simplified iPhone 4′ would be a more economical version of iPhone to target a broader customer base in developing countries such as China, allowing for an expanded market opportunity.â€
We estimate the high-end portion of China Telecom’s subscriber base is approximately 13 to 15 million, which represents a current revenue opportunity for the iPhone of $8- to $9 billion,†White says. “We view this as the most reasonable near-term addressable market opportunity for Apple’s iPhone. However, if Apple offers a more economical, ‘simplified iPhone 4,’ the opportunity with China Telecom could be much larger.â€
The report also mentioned that If Apple extended to other carriers in Chine with it’s dual iPhone strategy the estimated subscribers will grow to 125 million with a revenue of $200 billion.
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Tags: Apple iPhone 4 iphone 5
