China is Apple’s most important market in boosting their sales. Today Chinese government has issued an official license to Apple to run iPhone on their mobile wireless networks Due to some issues before, China banned the iPhone in their country in the times of Steve Jobs, but now after negotiation Chinese government again accepted their application and has issued them a legal license to run the business. The license was issued by China's Telecom Equipment Certification Center which is overseen by Ministry of Industry and Information Technology ( MIIT ). It was very important for Apple to land an agreement with China because it has 740 million users which is more than half of the estimated 1.2 billion mobile subscribers in China. Apple has the second biggest market in China after USA. Apple biggest competitor in China is Android which has acquired a strong place in Chinese market. It was recorded that Android Smartphone sales in China is over 70% where iOS records only 22%. Apple is confident and hopes that its latest new launches, iPhone 5C and 5S will boost the sales and will increase their annual earnings. Well this competition will never be over. For now Both the models, iPhone 5S and 5C will be available at premium in China. iPhone 5C will start at RMB4488 ($733) and iPhone 5S will start at RMB5288 ( $864 ).
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