- It finally happens: Apple announces it has entered into a multi-year deal with China Mobile to offer the iPhone to China Mobile's 760M subs. The iPhone 5S and 5C will be available via China Mobile's retail network, as well as Apple's Chinese stores, on Jan. 17. Pre-registrations start on Christmas.
- Importantly, the phones will work on both China Mobile's new 4G TD-LTE network (just coming out of trial mode), and its existing 3G TD-SCDMA network. Either network would offer a major speed improvement for the tens of millions of existing China Mobile iPhone users currently forced to rely on 2G connections, provided they upgrade.
- Analyst estimates for incremental first-year iPhone sales have ranged fromlessthan 10M to as many as 24 M, and estimates for the 2014 EPS benefit have often been in the $2-$4 range.
- While China Mobile's giant subscriber base and retail reach translate into a major growth opportunity, its low ARPU and the popularity of cheap and large Android phones in China will act as headwinds. Whereas the iPhone 5C starts at an unsubsidized price of ~$735 in China, app analytics firm Umeng estimates Chinese Android phone sales carry an average unsubsidized price of just $233.
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Monday, 23 December 2013
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