China has been waiting for the iPhone to come to their country since a long time. Finally their wishes have been granted by the sign of deal between Apple and China Unicom. The iPhone will now formally be launched in China by China Unicom. Although unbranded iPhones are present in China. The phone is expected to come later this year in China. Apple is targeting to increase their sale by introducing their product in the world’s largest mobile phone market. China has over 600 million mobile accounts. Sale of iPhone’s has increased in the period of April-June this year helping Apple’s quarterly profits to hit more than $ 1billion mark.