The China Mobile iPhone deal is already turning up to be a gold mine for Apple, which expects record handset sales in the region for its first quarter in fiscal year 2014. Apple CEO Tim Cook told reporters in China that he is “incredibly optimistic” about the cooperation with the largest carrier in the world, as Apple’s China Mobile deal won’t be limited merely to smartphones, The Wall Street Journal reports. More →
Apple’s iPhones will finally debut on China Mobile this coming Friday, and there likely isn’t a better use of the word “finally” in the context of Apple and its push to improve its position in the East. The Cupertino, California-based company had reportedly been negotiating with the world’s biggest carrier for years, but a deal was eventually reached and Apple announced late last year that the iPhone 5s and iPhone 5c would be made available to China Mobile subscribers on January 17th. According to a report from The Wall Street Journal, China Mobile subscribers will have plenty of inventory available at launch, at least where the more popular flagship iPhone 5s is concerned. The paper cited a single unnamed source in reporting that iPhone maker Foxconn has shipped about 1.4 million iPhone 5s units to China Mobile ahead of Friday’s release. Analysts estimate that Apple will sell 13 million iPhones or more this year in China, and it looks like the company is indeed gearing up for a big start.
Rival carriers are bracing for the imminent debut of Apple’s new iPhones on the biggest wireless service provider in the world, China Mobile. As noted by Bloomberg on Tuesday, China’s No. 3 carrier China Telecom has begun offering significant discounts on the flagship iPhone 5s in a preemptive strike as China Mobile prepares to launch both the iPhone 5s and iPhone 5c next Friday, January 17th. According to the report, China Telecom is now offering the 16GB iPhone 5s for as little as 4,488 yuan, or about $742, with several combined discounts. That figure is 800 yuan ($132) off the flagship phone’s list price of 5,288 yuan ($874). China Unicom, the country’s second-largest carrier, hasn’t yet announced any discounts ahead of the iPhone’s launch on China Mobile.
It finally happened: Apple’s iPhone 5s and iPhone 5c will soon be available from the world’s largest wireless carrier, China Mobile. Apart from an immediate end to all of the speculation, which we certainly appreciate, the deal means big money for both Apple and China Mobile as the latest iPhone models will soon be sold directly to China Mobile’s 763 million subscribers — or, at least a potentially healthy portion of its 181 million 3G subscribers. How much money is the deal worth to Apple? According to one industry watcher, the China Mobile agreement is worth as much as about $13 billion in additional revenue in 2014 alone. More →
Apple and China Mobile on Sunday announced the highly anticipated iPhone deal between two companies has been finalized. The Chinese carrier, with more than 760 million subscribers of which over 42 million are rumored to be iPhone owners even though China Mobile has never sold the device in its stores, will have both the iPhone 5s and iPhone 5c in stores next year, with support for its 3G and growing 4G networks. More →
China Mobile will start taking iPhone preorders on December 12th in the country, according to an ad found by The Wall Street Journal on the carrier’s website. While a spokesperson for China Mobile did not confirm the date, a China Mobile representative said that iPhone preorders will indeed begin on Thursday. “Customers can begin to preorder for our new 4G services from December 12 through the company’s website and some dedicated branches in Shanghai,” the operator said. “But we will only start providing commercial 4G services after December 18.” An attempt to preorder the iPhone 5s on Monday was not successful. More →
It remains to be seen whether or not the addition of the iPhone 5s and iPhone 5c to China Mobile’s smartphone lineup will be the boost to Apple’s bottom line that Wall Street has been waiting for. The good news, however, is that the question will finally soon be answered. Following reports that Apple’s new iPhones will debut on China Mobile in two weeks on December 18th, Fortune reports that a China Mobile subsidiary began taking preorders for both the iPhone 5s and the iPhone 5c on Tuesday morning. Preorders were available in the city of Suzhou only, suggesting that the carrier may have staged a test launch for iPhone preorders. Further evidence popped up when the company’s preorder page was taken down just as quietly as quietly as it went up around 6:30 a.m. EST on Tuesday. China Mobile is home to about 740 million mobile subscribers, making it the largest wireless carrier in the world and Apple’s best bet at making a real dent in the crucial Chinese smartphone market. More →
It appears the iPhone may finally be coming to China Mobile, the world’s largest mobile phone operator. It is launching a “new brand for mobile services” on December 18. According to the Wall Street Journal, a China Mobile executive said it will soon offer 4G LTE services, which could pave the way for finally launching Apple’s popular iPhone on its network. More →
It looks as though Apple will get to sell its iPhones on the world’s largest carrier, but at what cost? Bloomberg reports that Apple seems to be losing the contest of wills with China Mobile and will likely have to make some significant concessions if it wants the company to carry its new low-cost iPhone 5C and other devices. The issue here is that Apple’s sinking smartphone market share in China has put it in a position where it needs China Mobile much more than China Mobile needs Apple. Or as ACI Research CEO Edward Zabitsky tells Bloomberg, ”in this relationship, China Mobile has all of the power.” More →
Getting its devices on the world’s largest mobile carrier is crucial to Apple’s plan to tackle emerging markets and now one analyst is predicting that Apple will strike a deal with China Mobile to carry the iPhone by the end of the year. StreetInsider points us to a new research note written by UBS analyst Steven Milunovich, who sees Apple having the opportunity to snag “at least one-third [of China Mobile's] total 3G subscriber base or over 100 million users” when it finally gets a deal with the carrier done. Milunovich’s bullish analysis of Apple’s China prospects comes after Morgan Stanley analyst Katy Huberty estimated this week that getting a deal done with China Mobile to carry the iPhone 5C could help Apple become the No. 1 smartphone vendor in the country.
With Apple’s market share in China under pressure, CEO Tim Cook seems to be taking a renewed focus on hammering out a deal with China Mobile to carry the iPhone. Chinese publication Tech.ifeng.com reports that Cook is in China this week and will likely meet with executives from China Mobile “in the coming days” to talk about bringing the iPhone to the world’s largest mobile carrier. Getting a deal with China Mobile done would more than double the potential number of iPhone users in China since the carrier’s 730 million subscribers are more than twice the combined subscribers held by rival carriers China Telecom and China Unicom.
Apple’s (AAPL) iPhone is available in more than 100 countries from over 240 carriers, however it has never made its way to the world’s largest mobile carrier. Brian Blair of Wedge Partners on Tuesday said that the company will finally bring its smartphone to China Mobile in July with the introduction of the iPhone 5S, Barron’s reported. China Mobile has more than 15 million unlocked iPhone users on its network, however customers are limited to Wi-Fi and 2G data speeds. Blair expects a TD-SCDMA iPhone 5S model to begin production next month. More →
China Mobile (CHL) is the world’s largest wireless carrier with more than 700 million subscribers. The company is also the only major carrier in China that does not offer Apple’s (AAPL) iPhone — officially at least; China Mobile announced that it has more than 15 million iPhones running on its network, but they are limited to dreadfully slow 2G speeds and Wi-Fi for data. The carrier utilizes TD-SCDMA, a 3G frequency developed by the Chinese Academy of Telecommunications Technology, that is incompatible with global GSM and CDMA network devices, meaning that Apple would have to build a custom iPhone specifically for China Mobile. More →