UPDATE 1-Apple iPhone 4 may go on sale in China by Sept -TV

* China Unicom may sell Apple iPhone 4 by Sept – State TV

* Company officials decline to comment
(Adds details, analyst quote)

BEIJING, Aug 19 (BestGrowthStock) – China Unicom (0762.HK: ), China’s
second-largest telecommunications operator, may start selling
Apple Inc (Read more about Apple stock future.)’s (AAPL.O: ) iPhone 4 in the mainland market in
September, state television reported on Thursday.

“China Unicom has reached an agreement with Apple, and the
iPhone 4 may enter the mainland market by as early as next
month,” the report said, citing a company statement released to
the ongoing China Internet Conference in Beijing.

China Unicom officials in Beijing and Hong Kong declined to
comment. Apple could not immediately be reach for comment.

“The rumour has been out for the last couple of days. It is
something positive for China Unicom but not very significant as I
think most subscribers find the price of the iPhone too high,”
said Victor Yip, a Hong-Kong based analyst with UOB Kay Hian.

Various news media have reported this week that China Unicom
may become Apple’s vendor for its popular iPad and iPhone 4
products. The reports have been unconfirmed by the company.

China Unicom, the sole telecom distributor of Apple’s iPhone,
has seen slow sales for the popular handset because of high
subscription fees and stiff competition from lower priced Android

China Mobile Ltd (0941.HK: ), the country’s largest provider,
has also expressed interest in bringing in Apple’s iPhone and
iPad products.

Apple opened its second flagship store in China last month
and is on track to have 25 retail outlets in the country by the
end of next year. Apple executives said in April that they saw
the Chinese market as a major growth opportunity. [ID:nTOE66704G]
(Reporting by Langi Chiang, Melanie Lee and Jerry Huang; Editing
by Chris Lewis)

UPDATE 1-Apple iPhone 4 may go on sale in China by Sept -TV