Sep 5 2013, 1:20pm CDT | by Sumayah Aamir
Apple is all set to launch its new iPhone on September 10th. A low-cost plastic iPhone 5C is also expected to be launched with new iPhone 5S on same day. But the question arises about the launch of its both iPhone models in world's largest smartphone market of China. Apple is holding a separate launch event for China on September 11th. But what about its iPhone deal with China's largest network carrier? Bloomberg's recent report has done some speculations about the new iPhone retail deal with China Mobile.
The major issue between both giants is the price of the device. Like Edward Zabitsky, chief executive officer of Toronto-based ACI Research, said, "“In this relationship, China Mobile has all of the power. China Mobile will offer the iPhone as soon as Apple gives in on price.” China Mobile is the largest carrier of the country having 63 percent of the country’s 1.19 billion wireless accounts. So Apple must need an agreement with China Mobile is it wants to compete with rival and current China market leader Samsung.
What about the price then? Apple wants to launch iPhone 5 in between 5,288 yuan ($864) to 6,888 yuan in China. This price is double than Lenovo's K900 IdeaPhone which is now at no.2 in terms of sales in China after Samsung. So China Mobile concerns about price look right. An analyst at Avondale Partners LLC., John Bright said, “Apple’s unwillingness to provide meaningful concessions and China Mobile’s unwillingness to subsidize a high-cost device have inhibited a deal until now. A lower-cost iPhone, financially accessible to a greater proportion of China Mobile’s customer base, could be a middle ground.”
blog comments powered by Disqus
The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.
The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.
Read more about The Geek Mind.