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iPhone Goes to China

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Analysis By:

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SAI Research

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What is Apple's iPhone revenue potential in China?

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China's Mobile Subscribers*600,000,000600,000,000600,000,000600,000,000600,000,000

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iPhone Penetration1%2%3%4%5%

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iPhone Units Sold6,000,00012,000,00018,000,00024,000,00030,000,000

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Revenue/Unit$200$200$200$200$200

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Revenue$1,200,000,000$2,400,000,000$3,600,000,000$4,800,000,000$6,000,000,000

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Average Life (Years)22222

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Annual Revenue$600,000,000$1,200,000,000$1,800,000,000$2,400,000,000$3,000,000,000

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Revenue/Unit$300$300$300$300$300

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Revenue$1,800,000,000$3,600,000,000$5,400,000,000$7,200,000,000$9,000,000,000

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Average Life (Years)22222

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Annual Revenue$900,000,000$1,800,000,000$2,700,000,000$3,600,000,000$4,500,000,000

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Revenue/Unit$400$400$400$400$400

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Revenue$2,400,000,000$4,800,000,000$7,200,000,000$9,600,000,000$12,000,000,000

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Average Life (Years)22222

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Annual Revenue$1,200,000,000$2,400,000,000$3,600,000,000$4,800,000,000$6,000,000,000

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*Full country, 2008E, Citi estimate.

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Published By:

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Silicon Alley Insider