Wednesday, August 13, 2014

Apple's China Opportunity: Massive is an Understatement

It seems that there is huge opportunity to bring iPhones to the Chinese.

The biggest opportunity for Apple in China is likely to come from its new partnership to sell iPhones at the world's largest carrier, China Mobile. The carrier just recently started rolling out its 4G LTE in the country, and the early results of the customer acquisition trajectory is startling.

So far there is 8 million 4G LTE customers in China. However, there are 779 million non 4G LTE customers for them to go after. Even if they get a fraction of that number it will seriously move the needle.

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