Following a year of investigation, prosecutors said Thursday they have detained a former Foxconn general manager for allegedly taking kickbacks from supply chain partners. Prosecutors said three other former Foxconn employees were released on bail [after being charged] … Read more
Analysts say that the official launch of the iPhone on China Mobile could lead to subsidy wars as Chinese carriers compete to attract buyers. The predictions, quoted by Business Insider, follow price cuts by rival carriers China Unicom and China Telecom as China Mobile reports 1.2 million pre-orders.
China Mobile is currently offering the iPhone 5s free with a 24-month contract costing the equivalent of $98 a month. A 30-month contract on China Unicom costs $63 a month.
I do think you’re going to see a subsidy war coming,” said Michael Clendenin, managing director of Shanghai-based RedTech Advisors. “China Mobile, if they’re not making their targets on sales for these phones, they’re going to increase the subsidies […] It’s like airlines: the other guys will fall like dominoes, so China Unicom will do it and China Telecom will do it” … Read more
After the fall in Apple’s stock value when the China Mobile failed to materialise as expected on 18th December, yesterday’s news that the deal had finally been concluded sent the stock shooting back up again, having climbed more than 3 percent at the time of writing (it was up 4% in pre-market trading but has settled).
With the WSJ having reported that 18th December was the day, the market was clearly jittery when nothing materialized. Everything had appeared to be in place: regulatory approval, Apple putting the handsets on sale in China on the opening weekend, China Mobile posters, a pre-order website, in-store displays – and 4G service up-and-running on schedule … Read more
KGI’s Mingchi Kuo has suggested in a note to investors that the mystery of the apparent delay in the iPhone launching on the world’s largest carrier, China Mobile, may be due to last-minute renegotiations with Apple on volume discounts across the two new models.
We believe weak sales of iPhone 5C may trigger a re-negotiation of the Apple-China Mobile partnership. While previously we estimated that Apple originally planned the TD-LTE version would account for 30% of total iPhone 5C shipments, our latest survey indicates that demand for the TD-LTE iPhone 5C has declined dramatically due to 5S being far more popular than 5C among China Mobile subscribers […]
We believe this would necessitate a re-negotiation of the Apple-China Mobile deal and therefore defer its finalization …
Data from Canaccord Genuity showed that the iPhone 5s has topped the sales charts at AT&T, Verizon, Sprint and T-Mobile every month since launch, reports AllThingsD.
“Our surveys indicated continued strong sales of the iPhone 5s, as it was by far the top selling smartphone at all four tier-1 U.S. carriers and at most channels where the smartphone launched globally,” analyst T. Michael Walkley explained in a note to clients. “Our surveys also indicated steady iPhone 5c sales with the smartphone’s color options and more affordable price point proving popular with its intended audience” … Read more
Data from smartphone market intelligence specialist Counterpoint shows that iPhone market share in China more than doubled between September and October even before launching on the country’s biggest carrier, China Mobile.
Apple’s market share rose from just under 5 percent to 12 percent, taking it from 6th place to 3rd place, behind Samsung and Lenovo … Read more
Update: It turns out this deal doesn’t provide much of a savings in the long run. T-Mobile is raising the monthly installment from $20 to around $27, so while you won’t have to put any money down up front, you’ll still be paying off the full cost of the device over the 24 month installment plan period.
According to a leaked internal memo posted by TmoNews, T-Mobile is going to be dropping the upfront price of both the iPhone 5s and 5c to $0 down on its usual instalment plans for Black Friday. That cuts the usual down payment for the iPhone 5s down from $149 and the iPhone 5c from $49. The deal will officially kick off on Friday and last through Sunday, but the report notes that “a select number of stores will be accepting orders from Thursday evening.” After getting your iPhone for $0 down, you’ll pay around $20 a month for 24 months on T-Mobile instalment plans.
Some regionals carriers are also gearing up for big discounts this Friday. Appalachian Wireless announced it will offer the 16GB iPhone 5, 5C or 5S for a penny on contract today only and nTelos will also have the iPhone 5c for $0 on Friday. Appalachian is also advertising the penny deal for Black Friday on its site, but no word if iPhones will be included after today. T-Mobile definitely beats Walmart’s best deal with the iPhone 5c for around $45 on contract, but we’re thinking other retailers and carriers might announce iPhone discounts for Black Friday too.
Yesterday it was Target. Today the Best Buy and Walmart Black Friday / Thanksgiving deal advertisements are now official. Both ads feature heavy discounting on iPads, iTunes cards, iPods, Macs, and more. The most impressive deals at Walmart include an iPad mini for $299 with a free $100 gift card, and free gift card offers with the purchase of an iPhone 5c/5c. Best Buy offers up to $200 off a new Mac laptop, 15% off iTunes cards, and an Apple TV for $85.
While we haven’t seen Apple’s Black Friday deals for this year, it’s pretty safe to assume they won’t stray too far from the ‘education pricing for all’ strategy implemented at preceding Black Friday promotions.
Sales got another boost in late September when NTT DoCoMo Inc., Japan’s largest wireless carrier, began offering the iPhone for the first time to its 61.8 million customers. Even before that, the iPhone was Japan’s best-selling smartphone, with a 37% market share in the six months ended Sept. 30, according to Tokyo’s MM Research Institute. That’s comparable to the iPhone’s 36% share in the U.S. in the third quarter, according to Kantar Worldpanel ComTech … Read more
As we’ve noted on a few occasions, Sprint pre-paid subsidiaryBoost Mobile is now carrying the iPhone for the first time in its history. Launching today, the iPhone 5s and 5c are $100 off of Apple’s retail price if ordered online. However, Boost is running a special promotion until November 24th where you get an additional $100 off if you switch in store from another carrier. I confirmed the deal with a PR rep who said:
Yes. Now through Nov. 24 new customers who come into a participating Boost Mobile store and switch to Boost Mobile from another carrier will be eligible for a special in-store promotion of $100 off any device bringing new customers additional cost savings. The link below will help consumers find participating stores in their area that are selling iPhone.
Apple is gearing up to soon begin hardware repairs for the iPhone 5s and iPhone 5c in its chain of retail stores, according to sources with knowledge of the upcoming initiative. These sources say that Apple Stores will be able to replace several parts of the iPhone 5s and iPhone 5c on-site, meaning that Apple will no-longer need to fully replace iPhone 5s and iPhone 5c units with damage or other problems…
Apple’s share of the U.S. smartphone market grew by 0.7 percent in the last quarter to reach 40.6 percent, according to comScore data.
Sales of low-cost handsets mean that Android’s position as leading mobile platform is safe, with a marginal drop to 51.8 percent of the market, but Apple remained top of the vendor rankings …