Apple Inc (AAPL) Demand Remains High for iPhone, China 4S Sales Ahead

In the three months ending December 31, Apple (NASDAQ:AAPL) sold a record 37M iPhones worldwide, besting devices using Google’s (NASDAQ:GOOG) Android operating system, and ending speculation that demand might be eroded, reports Bloomberg. Of the 9.4M devices activated by AT&T (NYSE:T), 7.6M were iPhones. Verizon Wireless (NYSE:VZ) said 56% of its 7.7M smartphones were iPhones. Samsung was second in shipments.

Apple (NASDAQ:AAPL) has overtaken Hewlett-Packard (NYSE:HPQ) as the world’s leading client PC vendor in Q4, with more than 15M iPads and 5M Macs sold, according to Canalys and reported in Digitimes.

With Apple’s (NASDAQ:AAPL) iPhone 4S hot and expected to continue strong through Q1, other smartphone vendors including LG Electronics (NYSE:LPL) and Nokia (NYSE:NOK) are expected to wait until Q2 to launch their own models, according to Digitimes.

China Telecom confirmed it is readying to launch Apple’s (NASDAQ:AAPL) iPhone 4S on its network, suggesting sales of the device could start in late February or early March, reported Apple Insider, citing a report from China Daily.

Apple (NASDAQ:AAPL) announced that John Browett will join the company as senior vice president of Retail, reporting to Apple CEO Tim Cook. Browett comes to Apple from European technology retailer Dixons Retail, where he has been CEO since 2007. Beginning in April, he will be responsible for Apple’s retail strategy and the continued expansion of Apple retail stores around the world.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com