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| News Update | Reviews | Guides |
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France's Orange to bring iPhone to 10 new markets |
| 2008-05-16 |
Source:
MarketWatch |
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SAN FRANCISCO (MarketWatch) -- The international market for Apple Inc.'s iPhone is set to expand by 10 more countries following new rollout plans from France Telecom's Orange wireless carrier.
Orange said that it will begin selling the iPhone in Austria, Belgium, Poland, Portugal, Romania, Slovakia and Switzerland, as well as in the Dominican Republic, Egypt and Jordan later this year. Orange (FTE:FTE
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FTE, , ) (FR:013330: news, chart, profile) also will sell the iPhone in its African markets, but gave no further details about its plans.
The moves follow similar recent announcements by Britain's Vodafone Group PLC (VOD:VOD
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VOD, , ) and other carriers, and will expand the iPhone's reach to about 40 countries. Additionally, the new deals appear to be nonexclusive as some of the new iPhone carriers will provide service in the same countries.
Gene Munster of Piper Jaffray said that the announcement by Orange puts the iPhone's international rollout about eight months ahead of expectations, and gives Apple more of a chance to pass its goal of selling 10 million iPhones this year. Munster estimates Apple will sell 12.9 million iPhones in 2008 and 45 million in 2009.
This week, Apple's online store stopped taking orders for iPhones, adding to expectations that the company is reducing inventories in advance of debuting a 3G version of the iPhone at its annual developers conference in San Francisco in June.
Apple (AAPL:Apple Inc
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4:12pm 05/16/2008
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AAPL 187.62, -2.11, -1.1%) shares fell $1.82 to $187.92 in afternoon trading. |
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