Apple (AAPL) Rumored to Launch Its Latest iPhone Models in China On October 10th

A leaked internal document by TechWeb showing a timeline for a Chinese retail store, indicates that Apple (AAPL) is preparing to introduce iPhone 6 and iPhone 6 Plus in China on October 10th.

As reported earlier this month, the launch of Apple’s latest iPhone models in China, one of the most lucrative smartphone markets in the world, had been delayed after Cupertino failed to receive the necessary approval from China’s Telecom Equipment Certification Center for a network access license. This license is required for Apple to begin selling the iPhone in the Asian country. But yesterday, China’s Ministry of Industry and Information Technology was quoted as saying that it’s “just a matter of time” before the iPhone 6 and iPhone 6 Plus would receive approval for sale in the People’s Republic.

Being able to sell the new iPhones in China next month would positively impact Apple’s important holiday quarter. Last year the tech giant sold 51 million iPhones in the quarter while reporting $57.6 billion in revenue with Greater China accounting for $8.8 billion of that. Needless to say, the Chinese market is extremely important to the tech giant’s balance sheet. After all, the iPhone remains the big money-making device for Apple.

In the report by TechWeb, the 4.7 inch iPhone 6 is expected to be priced at 5288 yuan or $860, while the 5.5 inch iPhone 6 Plus is expected to start at 6288 yuan, or $1,023.

Shares of Apple closed at $100.75 on Friday.

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