An analyst has projected the long-rumored low-cost iPhone could help Apple Inc. dethrone Samsung in the smartphone market in China.
According to Morgan Stanley's Katy Huberty, the low-cost iPhone, which reports have nicknamed the iPhone 5C, could boost Apple's market share by 13.3 percent in China.
Follow the latest Tech news on Twitter: @LatinosPostTech
In return, Samsung's market share could drop by 6.7 percent.
Apple's luck would increase if the Cupertino-based organization can manage a deal with carrier China Mobile. If a deal with China Mobile is made, Huberty noted Apple's market share could increase by another 6 percent and lower Samsung's by another 4.6 percent.
In a note issued by Huberty to clients, with the collaboration of AlphaWise, a survey featuring 2,000 Chinese mobile phone owners considered $486 to be an acceptable price range for the iPhone 5C.
As CNN Money noted, if both of Huberty's projections prove true, Apple can become the No. 1 smartphone vendor in the world.
As Latinos Post reported, analyst Ming-Chi Kuo projected the iPhone 5C to sell between $400 and $500.
In regards to a release date, Japan's Nikkei reported the iPhone 5C could start its initial sales on Friday, Sept. 20. Japan was among the early markets to launch the iPhone 5 along with the United States and the United Kingdom in September 2012.
According to Apple Insider, the low-budget iPhone is expected resemble the iPhone 5, in terms of specifications. The iPhone 5C was forecasted to have a 4-inch screen, front-facing FaceTime camera and a home button. The back of the rumored device will have a rear-facing iSight camera, microphone and singular LED flash.
__
For the latest updates, follow Latinos Post's Michael Oleaga on Twitter: @EditorMikeO
- Contribute to this Story:
- Send us a tip
- Send us a photo or video
- Suggest a correction
