Wednesday, December 11, 2013, 01:24 pm PT (04:24 pm ET)
Apple iPhone 5s, 5c drive sales leap from 6th to 3rd place in China during OctoberA monthly report tracking the market share of top smartphone vendors in China indicates a massive surge for Apple occurring at the launch of new iPhone 5s and 5c models.
In its Monthly Market Pulse report, Counterpoint technology market research shows Apple increasing from a distant sixth place in September to third place behind first place Samsung and near second place Lenovo in the month of October.
The jump pushed Apple ahead of domestic Chinese vendors Huawei, ZTE and Coolpad, all of which sank in the month. Both Samsung and Lenovo increased their sales, but not as rapidly as Apple.
Apple has yet to launch on the largest mobile carrier, a development that has investors and analysts watching for hints of news. China Mobile says it is still in discussions with Apple, but has set a December 18 date for launching its 4G LTE service.
Only a few devices have been qualified to operate on China Mobile's new TD-LTE 4G network, which isn't compatible with most of the rest of the world's FD-LTE technology. Apple's iPhone 5s and 5c were both designed expressly to work on the new network.
Apple is poised to benefit tremendously as a launch partner with China Mobile, but has already created a major business among China's smaller carriers China Unicom and China Telecom.
On Topic: iPhone
- Apple 'not likely' to ship redesigned power adapter, Lightning cable with 'iPhone 6'
- Apple's secret iPhone 6 digital payment system said to also include Visa & MasterCard
- Apple reportedly inks deal with American Express for 'iPhone 6' payment system
- Alleged 'iPhone 6' NFC chip and working hardware shown in latest leaks
- New photos purport to show near-final 'iPhone 6' rear shell, cover glass