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Apple targets 3.5m Russian iPhone sales

by Stephen Chinnadorai on Aug 26, 2008 at 06:19 AM

iPhone 3GApple’s iPhone in Russia, which will be distributed through as many as three mobile phone carriers, is likely to generate millions of handset sales. Apple expects a massive 3.5 million iPhones to be sold in Russia within the next two years, according to Reuters’ market sources who are “familiar with new deals being struck by Russian carriers.“ One russian carrier, MTS, is aiming for “one million iPhone sales in the next two years,“ according to Eldar Murtazin, an analyst with Moscow-based Mobile Research Group. Murtazin suggested that, “Total sales by the Big Three carriers will amount to 3.5 million iPhone within the next two years.“

The iPhone’s price in Russia is also expected to boost sales. Over 600,000 iPhones are already in Russia through the grey market, most costing in excess of $1,000. The Russian iPhone cost will be approximately $990. When there is so much demand for the iPhone in Russia, with 600,000 imported illegally, it’s not hard to see why 3.5 million sales are predicted for the next two years.

Via [Macworld UK]

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