Ticonderoga Securities analyst Brian White with Ticonderoga Securities says in a note to clinets — as reported by “AppleInsider” (http://www.appleinsider.com) — that the iPhone 4 has been selling faster than its predecessor, the iPhone 3GS.
“We continue to believe that China remains in the early stages of catching ‘Apple fever’ and demand for iPhone 4 has been well above the ramp of the iPhone 3GS thus far,” he said.
White recently toured China and met with officials from the nation’s wireless carriers. They indicated they believe the total high-end smartphone market in China is between 100 million and 125 million, notes “AppleInsider.” That huge addressable market could prove to be a “significant opportunity for growth” for Apple in the years ahead, White said.
