China Unicom: iPhone Preorders Exceed 100K

Now that we’re in the grace period between the announcement of the new iPhone and it actually hitting shelves, the question on investors’ minds is, “Will it sell?” A lot of that focus has been on China — as the company was criticized for not releasing an even lower-cost phone there to compete with a flood of cheap Android handsets. The company ranks 7th in popularity among smartphone buys in The Middle Kingdom — with little sign of picking up steam. Well, indications of possible sales are beginning to trickle in. Reuters reports that carrier China Unicom has said that preorders for the pair of new iPhones have exceeded 100,000. The phone will be hitting shelves on friday. Apple sold more than 2 million of its older iPhone 5 models in the first three days in China when they were launched there in December. So does this mark a good start for the new iPhone, or has Apple fallen off the fruit basket? Let us know in the comments.

Read the full story at Reuters.

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