The much anticipated debut of the iPhone in South Korea finally took place on Saturday and it was a huge hit. The actual “opening day” had been delayed on several occasions, but once KT Corp starting taking pre-sale orders, it looked as though the day was finally here. With about 60,000 units flying out of the stores on day one, Apple is once again proving that they have the dominate phone for any market.

When the iPhone first hit China, it met with limited success so the industry guru’s were watching this release pretty intently. With only 5,000 iPhone’s being sold during the entire first week in China, Jobs and the boys at Apple had valid reason for concern. With the big number going in the first day, they are probably sleeping a little better at night knowing that the iPhone can be competitive in this market.

Oddly enough, smart phones have not been going over very well in that part of the world as they only command about 1% of the market. That is a far cry from the 50% or so market share that they hold in the United States. Up until this point, LG has been one of the more dominant brands and the success of the iPhone on its first day should have them a little concerned.

While the initial response was pretty good, the consistent numbers are going to tell the tale as to whether or not the iPhone will be successful in this market. As contracts are running out and people are deciding to make the move, the question is will they go with the iPhone or the Droid, or will they continue to use the phones that LG and the other popular manufacturers are selling.