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China Telecom starts selling iPhone 4S

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China's third largest telecom company, China Telecom Corp Ltd ( CHA , quote ) began selling the iPhone 4S on March 9. The carrier reported over 200,000 preorders for their version of the Apple ( AAPL , quote ) smartphone.

China Telecom said demand was greater than expected, noting that 10,000 phones were preordered in Beijing and 20,000 in Shanghai.

The launch marked the end of an exclusive sales agreement within China between Apple and China Unicom Ltd. ( CHU , quote ), China's second largest wireless carrier.

Barclays Capital predicted that the launch on China Telecom would put Apple China on track to sell 3 to 5 million phones in 2012. China already accounts for 12 percent of Apple's revenue, $12.5 billion in fiscal 2011.

Meanwhile, Chinese Apple fans were already looking ahead to Apple's new iPad. China Daily reported March 9 that potential mainland customers are awaiting the release with " excitement ," even though they don't know when the new iPad will be available.

The device will release around the world in March 16, and will be available in Hong Kong. However, it is unknown when it will be available in the mainland.

Smuggled new iPads are expected to fetch a premium, and sales of the iPad 2 are likely to increase in China as customers decide not to wake.

Either way, Apple's China growth strategy continues to be on track.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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