Apple Inc. (NASDAQ:AAPL) has announced that the Wi-Fi versions of its iPad mini and fourth generation iPad will be available in the People’s Republic of China this Friday (December 7th), and the iPhone 5 will be available on Friday, December 14th after now having received regulatory approval. This means that these products will be on mainland Chinese store shelves before the Chinese New Year.
The iPad mini and the new iPad are currently available in 42 countries, and the iPhone 5 is available in 47 countries.
The Chinese mobile phone market has the most subscribers in the world and that number is growing rapidly, particularly in the smartphone segment. Apple’s iPhone sales have been suffering lately as consumers have been holding off for the new iPhone 5.
Tablet sales are also skyrocketing in China with Apple dominating so far. The iPad mini is completely new and is expected to do well in the Chinese market.
Apple is engaged in designing, manufacturing and marketing “mobile communication and media devices, personal computers, and portable digital music players”. It also “sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings.”