The Latest in IT Security

Apple’s sales boom in communist Vietnam

25
Apr
2014

(This story corrects period for sales in the first paragraph) By Nguyen Phuong Linh HANOI (Reuters) – – Communist Vietnam is suddenly Apple Inc’s hottest market after sales there tripled in its fiscal first half, a growth rate five times faster than in India where it is spending heavily in a battle for market share. Vietnam has barely received a mention from Apple executives in their regular briefings for financial analysts. Quarterly iPhone sales more than doubled and the strong growth appears likely to continue given Vietnam’s predominantly young, tech-savvy population, rapid growth in internet and mobile phone use and a projected doubling of the middle class by 2020.

Comments are closed.

Categories

FRIDAY, SEPTEMBER 20, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks