Apple and China Mobile have not yet finalized a deal that will allow the world’s largest carrier to sell the iPhone, reports Reuters. Earlier in December, a report from The Wall Street Journal suggested that negotiations were all but complete, with the two companies on track for a release sometime around December 18, the expected date for the carrier’s 4G launch.
A China Mobile store promoting Apple products last week
While China Mobile did launch its 4G network earlier today, bringing 4G speeds to its more than 700 million customers, there has been no sign of an iPhone deal.
Xi Guohua, the chairman of the world’s largest mobile phone carrier, said on Wednesday morning that his company had no announcement to make on any deal to carry Apple’s smartphones. Xi was speaking to reporters on the sidelines of a conference in Guangzhou, a southern city of China.
Multiple signs of an approaching deal between the two companies have popped up during the final months of 2013, with Apple receiving licensing needed to operate on China Mobile’s TD-LTE standard in September and releasing the iPhone 5s and the iPhone 5c with TD-LTE support.
Though a deal has not been struck, it is clearly in the final stages as China Mobile has been accepting iPhone pre-orders and heavily promoting both the iPad and the iPhone in stores across China.
China Mobile is expected to bring millions of new customers to Apple, significantly increasing the company's presence in China. While Apple currently has deals with smaller carriers China Unicom and China Telecom, both carriers combined have fewer subscribers than China Mobile.
Apple's stock price is currently down nearly 1.8 percent following the lack of a deal announcement.
Doing business with China is usually not a great deal.
We give them our know how and technology and they give us cheat labor. I think we get the short end of the deal.
Without the deal with China, those poor people in the US will be living in the hell, not be able to afford anything. Thank China so that 95% people in the US can afford our computers, cellphones, cloths, furniture, dishes, etc...
The headline suggests an editorial opinion. If you want to be objective, what do you think about "Apple, China Mobile Negotiations Continue for iPhone Deal"?
If any expectation of a deal was set, my understanding is that timeframe was set by a news organization -- not the parties involved.
Also, the Apple stock price dip may reflect a host of other issues besides the China Mobile deal. While there may be a correlation, there's no verifiable indication of causation. I'd recommend, "Apple's stock price is currently down nearly 1.8 percent."
To be fair, the stock recently shot up (to just over $570) partly on the news that a China Mobile deal was so close, with a date of around today given. So this is just setting it back to how it was before. However, if the deal is imminent, why go back so far? :confused: It is confusing to me too. It makes some sense, but still not really logical.
So Wall Street got excited earlier this month over a deal that was never announced and stock went up 10%?
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
Apple has dropped the number of Vision Pro units that it plans to ship in 2024, going from an expected 700 to 800k units to just 400k to 450k units, according to Apple analyst Ming-Chi Kuo. Orders have been scaled back before the Vision Pro has launched in markets outside of the United States, which Kuo says is a sign that demand in the U.S. has "fallen sharply beyond expectations." As a...
Apple is finally planning a Calculator app for the iPad, over 14 years after launching the device, according to a source familiar with the matter. iPadOS 18 will include a built-in Calculator app for all iPad models that are compatible with the software update, which is expected to be unveiled during the opening keynote of Apple's annual developers conference WWDC on June 10. AppleInsider...
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
Wednesday April 24, 2024 3:39 pm PDT by Juli Clover
Apple today released several open source large language models (LLMs) that are designed to run on-device rather than through cloud servers. Called OpenELM (Open-source Efficient Language Models), the LLMs are available on the Hugging Face Hub, a community for sharing AI code. As outlined in a white paper [PDF], there are eight total OpenELM models, four of which were pre-trained using the...
Top Rated Comments
China called, they want you to pay back all the debt... oh wait, you can't
Without the deal with China, those poor people in the US will be living in the hell, not be able to afford anything. Thank China so that 95% people in the US can afford our computers, cellphones, cloths, furniture, dishes, etc...
The headline suggests an editorial opinion. If you want to be objective, what do you think about "Apple, China Mobile Negotiations Continue for iPhone Deal"?
If any expectation of a deal was set, my understanding is that timeframe was set by a news organization -- not the parties involved.
Also, the Apple stock price dip may reflect a host of other issues besides the China Mobile deal. While there may be a correlation, there's no verifiable indication of causation. I'd recommend, "Apple's stock price is currently down nearly 1.8 percent."
So Wall Street got excited earlier this month over a deal that was never announced and stock went up 10%?
Yep sounds about right
http://www.apple.com/pr/library/2013/12/22China-Mobile-Apple-Bring-iPhone-to-China-Mobiles-4G-3G-Networks-on-January-17-2014.html