Apple in early talks to bring iPhone to Iran: reportOctober 31, 2014 - 10:27 AMT PanARMENIAN.Net - Apple is in early talks with “Iranian distributors” to bring the iPhone to Iran, the Wall Street Journal reported. Apple is in preliminary contact with Iranian distributors about a possible entry into the country should Western sanctions ease sufficiently, the Journal quoted people familiar with the matter as saying. According to 9to5mac, the report notes that financial and banking sanctions as well as political tension has thus far prevented companies like Apple from conducting business in Iran, but points to a policy change in May that lifted the ban on sales of “consumer communications technologies” in the country. The report goes on the claim that “senior Apple executives” have already met with “potential Iranian distributors” at Apple’s regional headquarters in London. In the conversations, the Cupertino, Calif., company explored the possibility of having Iranian partners sell Apple products at so-called premium resellers, three of the people said. Instead of company-operated Apple stores, such outlets would be midsize franchisees that sell Apple products only, a model the company has used in Europe and Asia, the people said. In addition to meeting with potential distributors from the region, the WSJ reports that Apple has been in talks with the U.S. Treasury’s Office of Frozen Assets Control to the possibility of conducting business in Iran. Apple has consulted the U.S. Treasury’s Office of Frozen Assets Control to assess under what conditions it could start operations in Iran or how it could pursue a formal relationship with Iran-based customers, according to two people familiar with the matter. Such contacts have involved discussions over how to seek U.S.-government clearance to repair products purchased in Iran or send spare parts. The report adds that despite existing sanctions, communication between executives of United States-based companies and Iran-based companies is not barred, although such talks are unpopular due to political tension. Apple’s potential market for exporting the iPhone to Iran is already visible, the Journalnotes, as an existing black market and even some upscale retailers currently own iPhone and iPad distribution in the country. The Journal also points out the potential 77 million customers in Iran with 42% of the population under 25 with a large middle class. In its most recent earnings report, Apple shared that 60 percent of its revenue for the quarter came from international sales. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |