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Apple, China Mobile Have Yet to Reach iPhone Deal
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.
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.
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.
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57 months ago
A couple of editorial suggestions....
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."
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."
57 months ago
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...
57 months ago
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.
China called, they want you to pay back all the debt... oh wait, you can't
57 months ago
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%?
Yep sounds about right
57 months ago
So Wall Street is disappointed that a deal no one ever confirmed is in the works didn't happen
Yep sounds about right
Well, when the news of a deal was "announced" a few weeks back the price did go up about 10% over the last month.
So now a tiny bit of that evaporated today. (Less than 2%) And the stock is still 30% up from what it was in the summer.
In other words, I find your snakiness to be unwarranted in this case.
57 months ago
I'm getting tired of this one. Over the past few months I've seen:
"Apple far from China Mobile deal"
"Deal between China Mobile and Apple imminent"
"Differences strain Apple and China Mobile Prospective Deal"
"Apple Stock on the rise in the face of China Mobile agreement"
"Apple stock drops in the face of challenges with a China Mobile Deal"
Pick one already! Are they close or not! :p
"Apple far from China Mobile deal"
"Deal between China Mobile and Apple imminent"
"Differences strain Apple and China Mobile Prospective Deal"
"Apple Stock on the rise in the face of China Mobile agreement"
"Apple stock drops in the face of challenges with a China Mobile Deal"
Pick one already! Are they close or not! :p
57 months ago
5s/5c does not work well in CM TD-LTE Network
and that is the reason why there is no deal (or no announcement yet). There are plenty of Hong Kong version of 5s/5c got into China and running on CM's TD-SCDMA (their g3 network not g3 8-)) and TD-LTE network in the test cities. And their experience is not exactly good. Once a user need to make a call, 5s/5c will drop to 2g connection, and after the voice call, the phone is supposed to find the 4g connection again. Except that CM current TD-LTE network does not support CFSB fast return as yet. So a user will have to wait 20 seconds+before it get back to 3G and another 20 seconds + to find the TD-LTE signal. And the worst part is that if there is no 3g signal, user is screwed and their 5s/5c will not be able to find the 4g signal and they are stuck in the 2g land unless they flip back and forth with the airplane mode or power down and up their 5s/5c. There are plenty of complains from the China msg boards. The only phone that CM officially supported now one that log in both 2g and 4g network at the same time. The good news is that it is just a technical difficulty. The bad news is that you are waiting for CM to roll out the solution. It will take a very long time.
Have fun with the Chinese msg board:
http://bbs.weiphone.com/thread-htm-fid-526.html
and that is the reason why there is no deal (or no announcement yet). There are plenty of Hong Kong version of 5s/5c got into China and running on CM's TD-SCDMA (their g3 network not g3 8-)) and TD-LTE network in the test cities. And their experience is not exactly good. Once a user need to make a call, 5s/5c will drop to 2g connection, and after the voice call, the phone is supposed to find the 4g connection again. Except that CM current TD-LTE network does not support CFSB fast return as yet. So a user will have to wait 20 seconds+before it get back to 3G and another 20 seconds + to find the TD-LTE signal. And the worst part is that if there is no 3g signal, user is screwed and their 5s/5c will not be able to find the 4g signal and they are stuck in the 2g land unless they flip back and forth with the airplane mode or power down and up their 5s/5c. There are plenty of complains from the China msg boards. The only phone that CM officially supported now one that log in both 2g and 4g network at the same time. The good news is that it is just a technical difficulty. The bad news is that you are waiting for CM to roll out the solution. It will take a very long time.
Have fun with the Chinese msg board:
http://bbs.weiphone.com/thread-htm-fid-526.html
57 months ago
It's finally official! January 17 is the date. It's 2 weeks before Chinese New Year.
http://www.apple.com/pr/library/2013/12/22China-Mobile-Apple-Bring-iPhone-to-China-Mobiles-4G-3G-Networks-on-January-17-2014.html
http://www.apple.com/pr/library/2013/12/22China-Mobile-Apple-Bring-iPhone-to-China-Mobiles-4G-3G-Networks-on-January-17-2014.html
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