With a new distribution agreement with Russian telecom Mobile TeleSystems set to begin in October, Apple is expected to sell about 3.5 million iPhones in the country during the next two years. Worldwide, the company hopes to sell 10 million iPhones this year.
Touch-screen pads, once solely used in less-than-exciting settings such as ATM machines and cutting-edge restaurant registers, are getting sexier, according to this analysis. One big reason for this is Apple's iPhone, which was a game-changer for touch screens and is expected to help migrate the technology to many other CE devices.
The plummeting value of the U.S. dollar is a much larger concern than an economic slowdown, according to Hamid Akhavan, who heads the T-Mobile International unit of Deutsche Telekom. He said there were no signs that U.S. customers were having trouble paying their wireless bills as he sought to reassure nervous investors about the company's prospects.