“Carphone Warehouse on Thursday announced an aggressive expansion programme in the US over the next two years as it reported strong sales and a rise in headline profits,” Lucy Killgren reports for The Financial Times.
“The independent phone retailer, which last year formed a joint venture with Best Buy, said it was planning to pursue a roll-out of 1,000 stores in two years, following a successful US trial,” Killgren reports. “Previously the companies planned to open 150 to 200 mobile retail stores by mid-2008, starting in New York.”
“Meanwhile, Carphone, which is the sole independent distributor to sell the much hyped Apple iPhone, refused to divulge its sales targets for the device which goes on sales Friday evening,” Killgren reports. “However O2, the mobile operator, believes that up to 200,000 iPhones will be sold in Britain over Christmas and the New Year, with some analysts saying this projection is conservative.”
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