Andre Yoskowitz
14 Aug 2009 20:31
Earlier this month, China Unicom and Apple finally came to an agreement to bring the popular smartphone, the iPhone, to China, albeit with Wi-Fi missing.
Today, showing they mean business, the Chinese carrier has ordered 5 million iPhone 3GS units, for about $1.46 billion USD. As a notable comparison, Apple sold just over 5 million iPhone units globally in the last quarter.
Says China Unicom GM of Customer Development Yu Zaonan, via BGR, the 3GS will sell for ¥2,400/$352 (16GB model) or ¥4,800/$704 (32GB model).
Toni Sacconaghi, an analyst from Sanford C Bernstein, expects Apple to make profit of ¥1100 for each unit sold.