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China Mobile's November 4G Growth Positive For Apple

| Dec 22, 2015 09:59 AM EST

China Mobile's November 4G Growth Positive For Apple

China Telecom, Mobile and Unicom issued their November 3G and 4G client figures and all of them revealed the revenue growth. China assessed the income development of 23%, 41% and 53% of Apple's aggregate revenue growth the previous three financial years individually.

Top 3 best Chinese vendors - Lenovo, Xiaomi and Vivo - together grew 18 percent income growth in October 2015. Lenovo is one of the major keys to this growth with the large volume of shipments coming from its new smartphones like A1000, Vibe P1, and A6010, according to BusinessWorld.

In October 2015, the most of Xiaomi smartphones shipped in India were produced and with Redmi Note Prime too combining local production line up.

Chuck Jones, Contributor of Forbes says, "I estimate that Apple could generate $18 billion in China revenue in the December quarter, which would be an increase of 11.5% year over year."

This would be a sensational lessening from the previous two-quarter 112% and 99% revenue growth. But, this amount, combined with Jones's assessments for other geographies, would have Apple report $76.5 billion in income, the midpoint of its $75.5 to $77.5 billion direction.

China Telecom added 1.9 million 3G & 4G consumers in November 2015. For the previous four quarters, it has added 5.8 million 3G and 6.2 million 4G consumers and it looks like it will meet or exceed the previous results in December.

"Owing to attractive discounts and offers during online mega sales, online shipments of smartphones grew 12.1 percent in October over the previous month," said Karthik J, senior market analyst for client services at IDC India.

This improved the online share further from 33.5 percent in September 2015 to 41.2 percent in October 2015, basically controlled by Samsung and Lenovo.

China Unicom added 3.8 million 3G & 4G consumers in November 2015 which is below from the 4.0 to 5.1 million per month over the last five months. However, a year ago, it added only 3.4 million consumers in the last quarter of 2014, which was very less from now.

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