20.03.2013 17:35 Uhr, Quelle: The Unofficial Apple Weblog

iPhone boost helps China Telecom profit beats estimates

It's a pattern that has been repeated over and over; a wireless carrier adds the iPhone to its mix of products and profitability improves. The latest beneficiary of this little bit of Apple magic is China Telecom, which began selling subsidized iPhones last year. The company reported that net income for the quarter fell 17 percent to 2.36 billion yuan (or about US$380 million) from the previous year, but that figure exceeded the 2.04 billion yuan analysts were predicting. The iPhone helped China Telecom by boosting sales of wireless data dramatically. The company noted that mobile data traffic on its network essentially tripled last year after adding the iPhone to its sta

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