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Apple's plans for China bearing fruit in new store (3)

By Tuo Yannan (China Daily)

14:00, October 19, 2012

A cameraman shoots the indoor scene of the new store of Apple Inc. on Wangfujing Street in Beijing, China's capital, Oct. 18, 2012. The new store, which will reportedly be the largest Apple store in Asia, is expected to open on Oct. 20. (Xinhua/Li Fangyu)

"For smartphones, the number of annual shipments will reach 290 million in five years," Wang said. "The coming iPhone 5 will certainly boost Apple's sales in China. For that reason, opening this new store is a good idea, even though it won't have the same effect as the first few Apple stores that were in China."

China surpassed the US this year to become the largest market for smartphones. This year is expected to see 185 million shipments of smartphones in China, according to IDC. Browett said Apple plans to open more stores in China soon.

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