10 Nov 2024
Thursday 30 October 2014 - 12:58
Story Code : 123774

Apple in talks to sell iPhone in Iran

Company Considers Joining Other Western Firms as Sanctions Ease
AppleInc. is in contact with Iranian distributors about possibly entering the country should Western sanctions ease sufficiently, people familiar with the matter said.

Senior Apple executives have met potential Iranian distributors at Apples regional headquarters on Londons Hanover Street, people familiar with the matter said.

The Cupertino, Calif., company explored having Iranian partners sell Apple products at so-called premium resellers, some 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.

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