One Wall Street analyst has some comforting words for Apple fans watching the iPhone in China submerged under the waves of cheap Android smartphones: wait until the iPhone 5C arrives. Apple’s highly-expected budget handset dubbed the iPhone 5C could pole-vault the Apple brand into first place, overcoming Samsung and other Google-powered devices.

The key to giving the iPhone the lead in China: the right price and wide availability. A Morgan Stanley survey of Chinese smartphone consumers suggests an iPhone costing about $486 and offered by China Mobile could give Apple’s marketshare a double-digit boost…

Morgan Stanley analyst Katy Huberty, backed by the company’s latest AlphaWise survey, tells investors $486 is seen by Chinese buyers as “an acceptable price range” for the iPhone 5C, reports Fortune Tuesday.

The knock against Apple in China has been its iPhone prices contrasted with sub-$200 homegrown Android devices. This is why the iPhone 4 and iPhone 4S – older but less expensive – always outsold newer models.

Morgan Stanley chart (iPhone 5C in China)

The second part of the equation is more out of Apple’s hands, but certainly not out of the question. Almost a third of China smartphone shoppers told surveyors that they would buy an iPhone if it were compatible with China Mobile’s 3G or 4G networks.

Again, this finding illustrates why Apple CEO Tim Cook has made trips to China to speak with executives of the world’s largest carrier.

iPhone 5C boxes (Martin Hajek 001)

In the end, Apple would gain 13.3 percent of China’s smartphone market just by introducing the iPhone 5C at a reasonable price, according to Huberty.

Another six percent would be added if a China Mobile deal was arranged.

  • mehrab

    Iphone 5China

    • DevXav

      It would be wise if it was iPhone 4 China.. hehehe

      • ☞Dylan James Kroger

        Hahaha! You guys are funny!

  • Faiz

    Ipad 5 will come in gold also

    • Kurt

      Just come in 13 inches!

  • n0ahcruz3

    If the price is right then iphone sales and marketshare will skyrocket. Get that china mobile contract and its done.

    • Cooknivesuck

      yup its al;l in the price.. apple is not known for low or affordable prices but they got it right with mac book air and 13 inch mac book pro (non retina)..

      • n0ahcruz3

        Yup. If rumor were true about the phasing out of the 5 in exchange of the 5C i’d be surprised. It doesnt make any sense. Apple should phase out the 4 and 4S, so that the iphone lineup will be 4″ and make the 5C cheap let say 300-400 for entry level.

  • Bing

    I don’t think iPhone 5c would sell that well in china because a lot of the Chinese people buy iPhone to make themselves look rich, i know this because MANY doesn’t even know how to download apps. They don’t want a cheap iphone. Instead, they probably would cough out $200 more to get the fancy iPhone 5s

  • batongxue

    As long as it is below $300