17 million to 38.7 million iPhones sold: that’s the range of analyst estimates for the number of iPhones Apple will sell next year, due to its newly inked deal with China Mobile. China Mobile is the world’s largest wireless carrier with 700 million customers. However, unlike in the United States, Chinese consumers will be buying their phones at their full, unsubsidized price. The iPhone will cost between $700 and $850 depending on the model, while the average China Mobile smartphone is less than half of that price.
Apple iPhone Now Available to 700 Million China Mobile Customers
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For the fifth straight day, the S&P 500 fell again, by 0.4%. The Stoxx Europe 600 Index also dropped to a seven-week low.
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