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Rumor: China's iPhone Sales Double Following Price Drop

Sina Tech, 5/28/10

An industry source has revealed that China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) iPhone sales volumes grew consecutively by nearly 100% following a drop in iPhone plan prices over the May 1 holiday period, leading to a shortage in the supply of iPhones. A source at electronics retailer Gome (0493.HK) confirmed that iPhone sales volumes had indeed grown sharply in May, with 16 GB models now sold out.

China Unicom is working to meet customer demand by allowing prospective buyers to pre-order in exchange for guaranteed phones as soon as stocks are replenished.

Editor's Note: For more background on the change in pricing, see "China Unicom Unveils New 3G Packages," MD 5/04/10 issue.

Keywords: sales volume China Unicom iPhone pricing wireless 0762.HK 600050.SH CHU handset smartphone

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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