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Apple, HP, GE eagerly awaiting the opening of markets on Iran

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On the eve of the expected lifting of sanctions, a few corporate giants of the US, including HP Inc. and General Electric Inc. actively explore the market entry in Iran.

Last year Apple Inc. started contacts with Iranian distributors for eventual entry into the country with the full range of its business activities, including the sale of their Iphones, desktops, laptops and even opening stores of Apple, after relieve enough of Western sanctions.

The possibility can be overwhelming. Iranian market for computers, gaming devices and mobile phones will increase to $ 13 billion within four years from $ 9.5 billion in 2014, according to UK-based consultant BMI Research.

Apple's revenue from the Iranian market will probably lead to greater investment in the development of the company. Prospects for profits are large and established market in Iran could lead to a gradual increase of the company's shares in the long term.

E.Dimitrov JrTrader


 Varchev Traders
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