December 22, 2013: After months of false starts, Apple finally secures a deal with China Mobile to bring the iPhone to the world’s largest telecom company.
With 760 million potential iPhone customers in the offing, the deal shapes up as Apple’s most important yet for growing its brand in China. It’s a market that Apple CEO Tim Cooks says will soon be the company’s biggest.
The biggest wireless carrier in the world may have just revealed when the iPhone 6c 7c will finally launch.
Rumors of the iPhone 7c have been heating up the rumormill for months now, and with the device’s big unveiling supposedly just around the corner, it appears that China Mobile has accidentally confirmed to the world that the new low-cost iPhone will arrive by April 2016.
Cupertino claimed the title of world’s most valuable company earlier this year, but according to some bullish Wall Street analysts, Apple could soon become the world’s first trillion-dollar company.
In a note to investors today, Cantor Fitzgerald analyst Brian White increased his target price for Apple shares to $180, putting his estimations well above other analysts’ expectations. Apple shares’ value will increase 40 percent over the next 12 months, according to White’s report.
While Apple naysayers have pointed to slumping iPad sales and the unclear future of the Apple Watch as signs that Apple is weakening, White gives three key reasons why Apple is poised to break the trillion-dollar barrier.
iPhone 6 and iPhone 6 Plus will officially be available to pre-order in China from Friday, October 10, ahead of their launch a week later, Apple has confirmed. The news comes just hours after the Cupertino company’s new smartphones finally received approval from China’s Ministry of Industry and Information Technology.
Days after China Mobile, aka the world’s largest mobile carrier, started taking preorders for the iPhone 6, rivals China Telecom and China Unicom (the second- and third-largest carriers in the country) have pointed out that they too will be selling Apple’s eagerly anticipated next-gen handset.
Referring to the 4.7-inch iPhone 6 as the “iPhone Air” and the 5.5-inch variant as the “iPhone Pro,” China Unicom has put up a pricing list for the devices, showing how cost will vary according to storage capacity and form factor.
Pretty much everyone already knows that the iPhone 6 is coming out next month, but one of Apple’s carrier partners in China just couldn’t hold onto the secret anymore, and announced to customers on Weibo that it will sell an unlocked iPhone 6.
The ad was quickly deleted, however, it did reveal that Apple plans to release a single version of the iPhone 6 that supports all the wireless networks in the China for the first time ever.
Apple’s continued Chinese expansion saw App Store revenue in China increase by 70% last quarter. That’s according to figures from a new Q1 2014 report from app analytics firm App Annie.
Key to this increase is the China Mobile deal which was announced at the end of last year, opening up Apple’s potential customer base to the 763 million users currently on the country’s biggest mobile network.
This time on the CultCast: Google buys Nest and their 100 ex-Apple employees, but why? Aaron Sorkin’s Jobs biopic finally gets a script, Kutcher’s Jobs just gets a Razzie nod; plus, iOS finally gets a full-size gaming controller!
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