“Katy Huberty, Morgan Stanley’s Apple analyst, published a report with an extensive analysis of the Chinese smartphone market,” Chuck Jones reports for Forbes.
“Huberty’s survey showed a huge jump in purchase intentions for Apple’s iPhones in China going from 24% a year ago to 50%. If this huge increase were to happen the key financial takeaways are an additional 7% in revenue and $0.60 in EPS in fiscal 2015,” Jones reports. “Samsung could lose significant market share since its purchase intentions dropped from 30% to 13%.”
“Apple’s new iPhones were available in China for pre-orders starting last Friday and this Friday is the first day they are available,” Jones reports. “There have been multiple indications of strong iPhone demand including reports of ten million or more reservations.”
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