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Verizon iPhone: Revenue increase for Apple
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November 2nd, 2010Tech IndustryVerizon iPhone is one of the over reporting stories on the internet and however it is not a reason to tune out investors. According to Strategy analytics, Apple could double its sales of iPhone in some markets around the world. In France, for instances, iPhone is now offered at three carriers which result in market share jumped from 3% to 11% between first and third quarters.
Apple had 23.8% of the US market in the first three quarters of 2010. At the same time, it is hard to say whether France strategy will work in US given Verizon has more retail contracts customers than the iPhone’s exclusive U.S carriers. However, Apple may increase its US market share to 35% if company offers its iPhone with Verizon, according to Canalys estimations.
As Canalys’s most recent estimate puts the U.S. market in 2011 at 85 million units, a 35% share would be nearly 30 million sales. That is 144% above the firm’s projection for Apple’s 2010 sales.
According to various media reports, Apple is planning to bring its Verizon iPhone by the start of 2011 and possible iPhone 5 will be launched in middle of 2011.