AAPL stock down as market ponders the mystery of the missing China Mobile deal

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AAPL stock took a 1.8 percent hit in pre-market trading as China Mobile not only failed to announce its iPhone launch today as had been expected, but its chairman Xi Guohua specifically told reporters that the world’s largest carrier had no announcement to make.

While neither Apple nor China Mobile ever officially confirmed today as the launch date, the Chinese government confirmed the date as the one on which 4G service would begin, China Mobile had said it would launch “a new brand” today and the WSJ seemed confident last month that today was the day.

The deal has been a very long time in the coming, but all the pieces of the puzzle looked to have fallen into place …  Read more

China Mobile launch for iPhone as good as confirmed for 18th December [Update: It’s official]

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Image: appadvice.com

Update: The Chinese government has now confirmed this date.

The iPhone looks set to be launched by China Mobile – the biggest carrier in the world’s biggest country – on Wednesday 18th December, reports the WSJ. While neither the carrier nor Apple have made a definitive announcement, China Mobile has said this is the date it will “introduce a new brand.”

The launch is expected during the company’s 4G global partners conference in Guangzhou, according to China Mobile’s website. An executive at the world’s largest mobile operator has said it is ready to start fourth-generation mobile services, though China has yet to issue 4G licenses. In September, China’s Telecom Equipment Certification Center gave Apple Inc.the final license necessary for the iPhone to run on China Mobile’s network …  Read more

China Mobile already has 42M iPhone users ahead of anticipated Apple deal, says Chinese tech site

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Image: Forbes.com

There were already 42M iPhones in use on China Mobile‘s network even before Apple’s anticipated deal with the carrier to offer the handset officially, claims Chinese site SinaTech.

Up to now, China Mobile iPhone users in the network has reached 42 million, which has exceeded the U.S. AT & T and Verizon combined sales of the two operators …

42 million is a huge number, especially when you consider that none of them were subsidised: all had to have been purchased at full price. If true, you can see why the potential for subsidised handsets in China is massive …  Read more