Apple's sales boom in communist Vietnam

[Wireless News]

http://l2.yimg.com/bt/api/res/1.2/GpPuysvs0ZeMsAh6f8VU9Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-24T155830Z_2_CBREA3N14KZ00_RTROPTP_2_VIETNAM.JPG (http://news.yahoo.com/apples-sales-boom-communist-vietnam-155830855--sector.html)By Nguyen Phuong Linh HANOI (Reuters) - Communist Vietnam is suddenly Apple Inc's hottest market after sales there tripled in its fiscal first half, a growth rate five times faster than in India where it is spending heavily in a battle for market share. Vietnam has barely received a mention from Apple executives in their regular briefings for financial analysts. Quarterly iPhone sales more than doubled and the strong growth appears likely to continue given Vietnam's predominantly young, tech-savvy population, rapid growth in internet and mobile phone use and a projected doubling of the middle class by 2020.



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