China Mobile Is Receiving 60,000 iPhone Pre-Orders Per Day

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According to Tim Cook there is good reason to feel excited about the possibilities offered by Apple’s deal with China Mobile.

Cook — who is currently in Beijing ahead of the iPhone going on sale on the China Mobile network this Friday — said he is “incredibly optimistic” about Apple’s partnership with the world’s largest mobile carrier.

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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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.

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.