Analyst: Apple’s Asia Deals May Add 35 Million iPhones
Yet another analyst has offered their opinion on the impact that an iPhone distribution deal with two of Asia’s biggest carriers could have on Apple’s (NASDAQ:AAPL) earnings. Various rumors and unconfirmed reports have suggested that Apple may soon ink distribution deals with both with NTT DoCoMo (NYSE:DCM) and China Mobile (NYSE:CHL).
Deutsche Bank analyst Chris Whitmore took a close look at the potential financial benefit that Apple would get if it was able to make a deal with these major carriers before the end of the year, reports Apple Insider. China Mobile is the world’s largest carrier with over 700 million subscribers.
Whitmore believes that some the estimated 35 million unlocked iPhone users that are already on China Mobile’s network will upgrade to a new device. Combined with the increased number of devices from sales of Apple’s upcoming lower-cost iPhone 5C, the analyst expects that a deal with China Mobile could boost Apple’s iPhone sales by 20 to 25 million units.