Toni Sacconaghi of Sanford Bernstein said the Apple iPhone is enjoying wide-spread acceptance in Asia that is "on par with the U.S. in some cases."
Recent figures from IDC suggest that 12% of all cell phones sold in Japan are iPhones and South Korea's KT confirmed earlier this week that it has sold two million iPhones since launching the handset in late 2009. Apple addressed this growing market during its recent earnings conference call and confirmed that sales in the Asia and Japan have doubled year over year.
