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IPhone 5C Could Make Apple No.1 In China

wochit business
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August 20, 2013 AT 5:14 AM
Morgan Stanley analyst Katy Huberty thinks the iPhone 5C looks poised to completely upend the smartphone market in China. Citing a proprietary survey of Chinese consumers, Huberty thinks that Apple will add more than 13 percentage points to its market share by releasing the iPhone 5C in China and another 6 percentage points by striking a deal with China Mobile.