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Apple deal with China Mobile

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  • EricMartin

    Posted: 17 January 2013 07:08 AM #31

    Apple Introduces China Installment Payments Until January 23:
    Apple announced on its China website that on-line purchases of more than 300 Yuan (about $48) could be paid for on an installment plan.  Apple has partnered with China Merchant Bank to offer customers the option of paying over 3, 6, 12, 18 or 24 months.  There are no interest charges for the 3, 6 and 12 months options, a rate of 6.5% for the 18 months option and 8.5% for the 24 months option.
    http://www.forbes.com/sites/chuckjones/2013/01/17/apple-introduces-china-installment-payments-until-january-23/

         

  • EricMartin

    Posted: 20 January 2013 12:52 AM #32

    Apple is reiterated a Buy with $760 price target at Goldman which says the company’s opportunity in emerging markets is far greater than what investors give it credit for.
    A survey of Chinese owners of an iDevice finds 9 out of 10 at least “likely” to stick with an Apple product for their next purchase, and more than 3 of 5 “highly likely” to do so.
    3G penetration in China stands at only about 20% currently.
    Considering the huge 2G subscriber base that the Chinese carriers are looking to upgrade to 3G, the potential for Apple to ride the boom is huge.
    This was borne out by the opening weekend sales for the iPhone 5 in China last month, which crossed the 2 million mark and made it Apple’s best ever launch in the country.

    [ Edited: 20 January 2013 12:57 AM by EricMartin ]      

  • DonRight

    Avatar

    Posted: 26 January 2013 01:44 PM #33

    iLounge claims Apple is planning to launch an iPhone 5S sporting an improved camera this summer, and is developing a cheaper, plastic-bodied iPhone “with China Mobile in mind.”
    An iPhone with a 4.7” display is said to be in “early prototyping stages.”
    In any case: AAPL@440 is crazy cheap.

         

  • EricMartin

    Posted: 29 January 2013 06:05 AM #34

    Low-Cost TD-LTE Smartphones and iPhone 6:
    China Mobile will announce a low cost TD-LTE smartphone in 2015 while the company is working on a global roaming plan for smartphones with TD-LTE and FDD-LTE support. The company expects TD-LTE coverage to reach 30%-35% on the Chinese mainland in 2013. Apple Inc. (AAPL) is rumored to be working on a new iPhone 6 that will work China Mobile. Despite a different 4G network standard, it will not be difficult for Apple to create an iPhone that works with China Mobile as Apple had made the iPhone for Verizon in the past and updated iPads and iPhone5 devices can work with a wider band-range of 4G for European service providers.

         

  • EricMartin

    Posted: 18 February 2013 08:17 AM #35

    Today, India’s business newspaper Economic Times reported (citing unpublished IDC figures) that Apple’s smartphone market share, in terms of value, has surged by more than 300% in the last quarter (4Q12) and the company has become the 2nd largest smartphone player.
    Apple has leapfrogged companies such as Nokia (NOK), Sony (SNE) and Micromax
    India remains Apple’s biggest potential growth market along with China.
    Apple’s sales in “Greater China” increased by 67% year on year in the last quarter to $6.8 billion. While India’s size is still quite small, the recent surge promises that India will become Apple’s main growth engine in the coming years.

    [ Edited: 18 February 2013 08:46 AM by EricMartin ]      

  • EricMartin

    Posted: 21 February 2013 11:34 AM #36

    Here come Chinese smartphones costing over $500:
    http://blogs.marketwatch.com/thetell/2013/02/21/and-here-come-chinese-smartphones-costing-over-500/

         

  • DonRight

    Avatar

    Posted: 24 February 2013 11:56 AM #37

    Greater China and Japan are currently Apple’s fastest growing and most profitable regions on a per revenue dollar basis. The eventual additions of China Mobile and Japan’s Docomo as authorized iPhone carriers will spur growth in each of the two revenue regions, from article by Eventide on Seeking Alpha:
    http://seekingalpha.com/article/1219211-apple-s-revenue-by-region-there-s-more-to-the-company-s-story

         

  • EricMartin

    Posted: 15 March 2013 09:23 AM #38

    China Mobile (the world’s largest carrier) forecasts a 49% Y/Y increase in capex in 2013

         

  • DonRight

    Avatar

    Posted: 17 March 2013 10:03 AM #39

    Update from Zacks site:
    http://www.zacks.com/stock/news/94935/chls-iphone-hope-banks-on-4g-roll-out

         

  • Stelhor

    Posted: 18 March 2013 09:29 AM #40

    really great article

         

  • EricMartin

    Posted: 01 April 2013 10:27 AM #41

    Does China wants to eat Apple?
    http://www.marketwatch.com/story/why-china-wants-to-eat-apple-2013-03-31?link=MW_story_popular

         
     

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