According to the analysts, the company’s success in iPad, iPod, iTunes, iPhones, Macintosh, and App World has created the platform to use its position to drive sales of new products and services. Most of the analysts believe strong sales performance from iPad and the upcoming iPhone 5 will drive earnings growth going forward. Huge demand for iPhone 4 justifies Apple’s market leading position in the smartphone sector. The analysts also believe that Apple is developing a CDMA iPhone, possibly for the global CDMA EV-DO carriers, which include Verizon, China Telecom, KDDI (Japan), and others. Verizon’s launch of the CDMA version will provide upside benefits to Apple. Moreover, the launch of an entry-level iPhone will help the company gain an attractive price. The analysts believe Apple is gaining momentum with the iPad and expanding its iPhone addressable market through additional wireless carriers in new regions and multiple carriers per country, which should sustain solid-unit growth. The analysts believe expanding geographic reach, more focused efforts in China, wider channel distribution for the iPhone and iPad, penetration of Verizon with CDMA-based iPhone in 2011, and greater penetration of the mid-range PC segment over time, which is estimated to be a $5–$7 billion opportunity over the long term remain the primary catalysts. The analysts also believe Apple is gaining market share in foreign countries, especially in the Asia Pacific region. iPad and iPhone’s international expansion will boost the company’s profitability over the long term.