The iPhone 4S Sells Out In Hong Kong - In 10 Minutes

Demand for the iPhone 4S in Hong Kong is so strong, the iDevice sold out 10 minutes after Apple started taking preorders for its fifth iPhone in the Chinese city-state last Friday, according to CNNMoney. This suggests Apple should do very well in the rest of China and in Taiwan when the iPhone 4S arrives there next month. First launched in early October in six countries, the iPhone 4S arrives in Hong Kong and 14 other countries this Friday, November 11. Today’s preorder news is likely being celebrated by many at Apple, as they wait to see how well the iDevice does in Greater China. It is here -- in Hong Kong, mainland China, and Taiwan -- where Apple expects its greatest opportunity for growth in the future. According to the report:

(Ticonderoga's Brian) White has long maintained that Greater China -- which Apple defines as Hong Kong, mainland China and Taiwan -- represents the company's single greatest opportunity for growth. He notes that last quarter, Apple generated $4.5 billion in revenue (up 270% year over year) from Greater China -- 16% of total sales compared with 2% in fiscal 2009. With the Apple Store that opened in Hong Kong in September and the opening of Shanghai's third retail outlet, the company now has a total of six stores in the region. It has set aside another $900 million to build 40 new stores in fiscal 2012, three quarters of them outside the U.S.

Most surprisingly, this positive news comes despite the fact that the iPhone 4S’ most popular feature, Siri, doesn’t yet work in Mandarin or Cantonese. We'll keep you updated.

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