
Apple Inc. (NASDAQ:AAPL) has sold a decent number of iPhone devices in South Korea. Korean telecommunications company KT claims that they have about 90,000 subscribers so far. The 90,000 subscribers include 53,000 pre-ordered phones. The iPhone started selling in South Korea around November 28. In South Korea, about 400,000 people use smartphones in total.
That number is growing at a faster pace. “Triggered by iPhones’ debut in South Korea, the market for smartphones offering e-mail and Web browsing is on a healthy track, giving us a need for more iPhones,” stated a KT representative. KT expects to sell about 700,000 iPhones in 2010. The population of South Korea is about 48.6 million.
Given the relative dearth of smart phones being sold in South Korea, it's certainly a market that I'm sure Apple is going to do well in, especially considering their relative like(trust?) of Americans and our products. Good for Apple, I do wonder how well the wireless infrastructure is going to hold up under the increased volumes.
Given the relative dearth of smart phones being sold in South Korea, it's certainly a market that I'm sure Apple is going to do well in, especially considering their relative like(trust?) of Americans and our products. Good for Apple, I do wonder how well the wireless infrastructure is going to hold up under the increased volumes.