China Unicom Buys 5 Million iPhones, To Go On Sale In September?

China Unicom’s vice general manager, Zhou Youmeng, has gone on the record as saying that the company will begin offerig the iPhone in September. Local media reports that the company has shelled out 10 billion yuan ($1.46 billion) to buy 5 million units from Apple with unit price of 2,000 yuan ($293).

“The price of the 8G standard iPhone is set at about 2,400 yuan and the 16G may be sold at 4,800 yuan,” said Yu Zaonan.

“China Unicom will likely catch up with China Mobile if our profits grow by 40% with the boost of iPhones,” Yu said. However, the spokesman of China Unicom said that the final agreement hasn’t been reached with Apple.

[via IBTimes]

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