iPhone Debuts for China Mobile and more Apple News Jan. 12th - 18th
Submitted by Jon Reed on
The biggest news for Apple (NASDAQ: AAPL) and its shareholders last week was the debut of the iPhone in China. On Friday, China Mobile, the world's largest carrier with over 750 million subscribers, began selling the iPhone 5c and 5s. Pre-orders for the devices began in December and reached 1 million. Analysts expect China Mobile to sell anywhere from 10 million to 15 million iPhones this year. You can read more about this here.
The 2013 Q4 numbers also came in last week and, according to market research company NPD Group, Apple saw significant gains. Apple's market share grew from 35% in Q4 2012 to 42% in Q4 2013. NPD also found that smart phone ownership is growing, claiming six out of ten phones, up from 52% last year. As would be