This Week in Cult of Mac Magazine: Apple Gallops Into China

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Cover: Rob LeFebvre.
Cover: Rob LeFebvre.

This week, Cult of Mac Magazine explores how Apple will reboot China, and why you, the aficionado, should care.

2014 is the year of the horse: seen as an auspicious symbol for swift success, it bodes well for Apple. The Cupertino company launches its deal with China mobile around the same time as the year changes over, a deal Tim Cook called a “watershed” moment.

Author and reporter Luke Dormehl delves into the factors that will shift Apple’s strategy there as it hopes to reach over 700 million potential fanatics and why this year we may begin to see the transition into “designed in California, built for Asia.” Hong-Kong based tech reporter Truman Au takes a look at local iPhone culture and why the gold iPhone is the choice of device – and matching cars, bags and shoes — for the country’s new rich.

As always, we’ll have the best in new apps, music, books and movies plus answers to your most pressing Apple-related questions from an actual Genius.

Cult of Mac Magazine

 

China Mobile Finally Begins Selling iPhones To Its 763 Million Customers

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China Mobile, the largest carrier in the world, officially partnered with Apple last year.
China Mobile, the largest carrier in the world, officially partnered with Apple last year.

After years of speculation — and some incredibly drawn-out contract negotiations along the way — China Mobile finally began selling iPhones today.

Tim Cook was in Beijing for the launch, where he handed out autographed iPhones to customers, alongside China Mobile Chairman Xi Guohua. Cook tweeted the following:

China Mobile Receives 100,000 iPhone Preorders In 2 Days

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China Mobile, the largest carrier in the world, officially partnered with Apple last year.
China Mobile, the largest carrier in the world, officially partnered with Apple last year.

The iPhone won’t officially launch on China Mobile until January 17, but the world’s largest mobile carrier has already begun accepting preorders for the iPhone 5s and 5c.

In terms of numbers, analysts Wedge Partners place the preorder figure at around 100,000 for the first two days of availability.

Apple Has Clearly Been Good This Year As Stock Surges To 2013 High

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christmas-ipad8

Tim Cook has talked about this being an “iPad Christmas”, but plain calling it an Apple Christmas might be altogether more accurate — as Apple surged to a 2013 new stock high following news of the recent China Mobile deal.

Apple stock gained 3.8 percent to end Monday trading at $570.09, reflecting what Creative Technologies analyst Tim Bajarin has called, “a huge deal for Apple.”

Although it hit several year highs over the past several months, Apple stock prices had been depressed for some of 2013 as investors appeared concerned regarding a supposed lack of innovation from the company.

More recently, share prices had wavered as nervous shareholders fretted that the long-reported China Mobile deal wasn’t happening as fast as they hoped.

Although analysts are still arguing over the long-term impact the China Mobile deal is likely to have, this strong year finish nonetheless bodes well for Apple in 2014.

Twitter, Facebook, and Google shares also finished strong after the day’s trading.

Source: San Jose Mercury News

Long-Awaited China Mobile Deal Offers Up 760 Million Potential iPhone Buyers

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Chinese customers are having to wait a bit longer than everyone else to get their hands on an iPhone 6 or 6 Plus.
Chinese customers are having to wait a bit longer than everyone else to get their hands on an iPhone 6 or 6 Plus.

Apple investors got their Christmas wish: The China Mobile deal, which could add billions of dollars to Apple’s revenue, has finally materialized.

The iPhone will be available to China Mobile customers beginning January 17, Apple announced Sunday, with pricing and availability to be released at a later date.

Poor iPhone 5c Sales May Have Stalled China Mobile Deal [Analyst]

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Apple is expected to introduce another 4-inch iPhone, but it probably won't be cheap.
Apple is expected to introduce another 4-inch iPhone, but it probably won't be cheap.
Photo: Apple

Investors and other interested parties may have an explanation for Apple’s M.I.A. deal with China Mobile — and that explanation could be lower-than-expected iPhone 5c sales.

That’s according to KGI Securities analyst Ming-Chi Kuo, who suggests that this is the reason a deal between the two parties has yet to be finalized.

China Mobile “Currently Has No Announcement” Regarding Apple Deal

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China Mobile, the largest carrier in the world, officially partnered with Apple last year.
China Mobile, the largest carrier in the world, officially partnered with Apple last year.

Filed under “S” for “Stalling” and “Still waiting” is the Apple-China Mobile deal, which remains yet to materialize.

In place of the expected announcement, China Mobile chairman Xi Guohua said on Wednesday morning that his company currently has no announcement to make on a deal to carry the iPhone — although he hoped to reveal one soon.

“China Mobile has yet to reach an agreement with Apple, but good news deserves to be waited for, and we expect to release cooperation information soon,” he said.

China Mobile To Finally Begin Taking iPhone Pre-Orders This Week

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Apple has been growing steadily in China, but a volatile economy could slow revenues.
Apple has been growing steadily in China, but a volatile economy could slow revenues.
Photo: Apple

China Mobile is finally set to begin taking pre-orders for the iPhone 5s and the iPhone 5c later this week, according to advertisements on its website. Apple’s latest smartphone will be one of a handful of devices that support the carrier’s new 4G network.