Apple iPhone 4S Pre-order Stocks for Hong Kong Sold in 10 Minutes: Analyst

They love the iPhone 4S in Hong Kong so much that the pre-order stocks allocated sold out in 10 minutes after it was made available, one analyst said.

Analyst Brian White, who specializes in Apple's business in China, made the revelation in a note to investors on Monday.

Our checks indicate that pre-orders in Hong Kong were sold out within ten minutes after becoming available, White said in the note.

Pre-orders for the iPhone 4S started in Hong Kong last Friday. The device will officially launch in the region on Nov. 11. White also that long lines are expected for the launch.

And despite Siri, the iPhone 4S' personal assistant, is not yet operational in Cantonese or Mandarin, White estimates that the Chinese market will be a good for Apple's continued growth.

We believe that Greater China (Hong Kong, Mainland China and Taiwan), which is becoming a more meaningful percentage of Apple's sales, will remain an important growth driver over the next decade, White predicted as reported by PC Magazine.

White said the during the September quarter Apple made $4.5 billion, which is a 270 percent increase from the corresponding quarter in 2010.

Apple opened its first Hong Kong store in late September and currently owns and operates about six official Apple Stores in China.