Monday, July 23, 2012
Saturday, July 21, 2012
China Mobile in talks with Apple over iPhone
China Mobile, the world's biggest mobile operator by subscribers, said Wednesday the company is in talks with Apple to offer the popular iPhone to its users in the Asian nation.
The company's domestic rivals --China Unicom and China Telecom -- already offer the iPhone to their subscribers.
"Both sides have been making contact with each other. And both sides are willing to boost cooperation," Lei Yu, a spokeswoman for China Mobile, told AFP in response to a question over negotiations for the iPhone.
She declined to give further details.
China Unicom began selling the iPhone in 2009, joined by China Telecom in March this year.
If China Mobile also started offering the handset, it could help boost sales for the US technology giant in China -- the world's biggest mobile phone market.
The Apple brand is wildly popular in China, where products such as the iPhone and iPad are coveted by wealthy consumers.
Greater China -- which includes Hong Kong and Taiwan -- has become California-based Apple's fastest growing region with revenues second only to the United States.
China Mobile had nearly 650 million subscribers by the end of last year, according to a filing with the Hong Kong stock exchange. China as a whole had more than one billion mobile phone users at the end of February.
View the original article here
China Mobile in talks with Apple over iPhone
China Mobile, the world's biggest mobile operator by subscribers, said Wednesday the company is in talks with Apple to offer the popular iPhone to its users in the Asian nation.
The company's domestic rivals --China Unicom and China Telecom -- already offer the iPhone to their subscribers.
"Both sides have been making contact with each other. And both sides are willing to boost cooperation," Lei Yu, a spokeswoman for China Mobile, told AFP in response to a question over negotiations for the iPhone.
She declined to give further details.
China Unicom began selling the iPhone in 2009, joined by China Telecom in March this year.
If China Mobile also started offering the handset, it could help boost sales for the US technology giant in China -- the world's biggest mobile phone market.
The Apple brand is wildly popular in China, where products such as the iPhone and iPad are coveted by wealthy consumers.
Greater China -- which includes Hong Kong and Taiwan -- has become California-based Apple's fastest growing region with revenues second only to the United States.
China Mobile had nearly 650 million subscribers by the end of last year, according to a filing with the Hong Kong stock exchange. China as a whole had more than one billion mobile phone users at the end of February.
View the original article here
China Mobile in talks with Apple over iPhone
China Mobile, the world's biggest mobile operator by subscribers, said Wednesday the company is in talks with Apple to offer the popular iPhone to its users in the Asian nation.
The company's domestic rivals --China Unicom and China Telecom -- already offer the iPhone to their subscribers.
"Both sides have been making contact with each other. And both sides are willing to boost cooperation," Lei Yu, a spokeswoman for China Mobile, told AFP in response to a question over negotiations for the iPhone.
She declined to give further details.
China Unicom began selling the iPhone in 2009, joined by China Telecom in March this year.
If China Mobile also started offering the handset, it could help boost sales for the US technology giant in China -- the world's biggest mobile phone market.
The Apple brand is wildly popular in China, where products such as the iPhone and iPad are coveted by wealthy consumers.
Greater China -- which includes Hong Kong and Taiwan -- has become California-based Apple's fastest growing region with revenues second only to the United States.
China Mobile had nearly 650 million subscribers by the end of last year, according to a filing with the Hong Kong stock exchange. China as a whole had more than one billion mobile phone users at the end of February.
View the original article here
China Mobile in talks with Apple over iPhone
China Mobile, the world's biggest mobile operator by subscribers, said Wednesday the company is in talks with Apple to offer the popular iPhone to its users in the Asian nation.
The company's domestic rivals --China Unicom and China Telecom -- already offer the iPhone to their subscribers.
"Both sides have been making contact with each other. And both sides are willing to boost cooperation," Lei Yu, a spokeswoman for China Mobile, told AFP in response to a question over negotiations for the iPhone.
She declined to give further details.
China Unicom began selling the iPhone in 2009, joined by China Telecom in March this year.
If China Mobile also started offering the handset, it could help boost sales for the US technology giant in China -- the world's biggest mobile phone market.
The Apple brand is wildly popular in China, where products such as the iPhone and iPad are coveted by wealthy consumers.
Greater China -- which includes Hong Kong and Taiwan -- has become California-based Apple's fastest growing region with revenues second only to the United States.
China Mobile had nearly 650 million subscribers by the end of last year, according to a filing with the Hong Kong stock exchange. China as a whole had more than one billion mobile phone users at the end of February.
View the original article here
Apple reportedly slows iPhone orders, increases iPad orders
Sterne Agee analyst Shaw Wu said in a note to investors on Tuesday that Apple has reduced iPhone orders by between 20% to 25% from the 35.1 million units the company shipped in the March quarter. Wu now expects shipments of between 26 million and 28 million iPhones, lower than the Street’s consensus of between 30 million and 31 million units. The analyst also noted that Apple has an estimated 8.6 million iPhones in channel inventory, 2.6 million of which were added in the most recent quarter, allowing the Cupertino-based company to achieve supply-demand balance of between four to six weeks.
“From our understanding, the reason for the reduction is not demand related but rather due to the upcoming 6th generation iPhone refresh likely in the September-October timeframe,” Wu explained. “It appears that AAPL is opting to be conservative with its suppliers to factor in a potential 2-quarter pause ahead of the refresh and also to manage inventory. We believe this helps explain why its June quarter guidance was somewhat more conservative.”
The analyst went on to state that the opposite is occurring with Apple’s iPad tablet, which is seeing increased build plans. Shipments of the device were previously held back due to supply constraints on its new Retina Display, although it has been “greatly improved with an additional supplier.” Wu believes that this will help Apple to better meet the strong demand for its iPad.“From our understanding, the reason for the reduction is not demand related but rather due to the upcoming 6th generation iPhone refresh likely in the September-October timeframe,” Wu explained. “It appears that AAPL is opting to be conservative with its suppliers to factor in a potential 2-quarter pause ahead of the refresh and also to manage inventory. We believe this helps explain why its June quarter guidance was somewhat more conservative.”
For the June quarter, Wu reduced his iPhone forecast from 28 million units to 27 million, and raised iPad shipment expectations from 14 million to 15 million units. Due to improved iPad profitability, the analyst is increasing his gross margin assumption from 42.5% to 43.5% and forecasting $36.1 billion in revenue and $10.16 in EPS. Wu reiterated his Buy rating on shares of Apple stock, as well as his $780 price target.
View the original article here
Google says it has China's approval for Motorola deal
(Reuters) - Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones.
Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business.
U.S. and European regulators approved the deal in February, leaving only the Chinese regulators as potential spoilers.
"Our stance since we agreed to acquire Motorola has not changed, and we look forward to closing the deal," Google spokeswoman Niki Fenwick said, confirming that the Chinese had approved the deal.
Google, whose Android software is the top operating system for Internet-enabled smart phones, wants phone-maker Motorola for its 17,000 patents and 7,500 patent applications, as it looks to compete with rivals such as Apple Inc. and defend itself and Android phone manufacturers in patent litigation.
A main condition of the deal is that the Android system remain free and open for five years, said a source who is familiar with the Chinese approval but not authorized to discuss it.
"We are pleased that the deal has received approval in all jurisdictions and we expect to close early next week," Motorola spokeswoman Jennifer Weyrauch-Erickson said.
View the original article here
Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business.
U.S. and European regulators approved the deal in February, leaving only the Chinese regulators as potential spoilers.
"Our stance since we agreed to acquire Motorola has not changed, and we look forward to closing the deal," Google spokeswoman Niki Fenwick said, confirming that the Chinese had approved the deal.
Google, whose Android software is the top operating system for Internet-enabled smart phones, wants phone-maker Motorola for its 17,000 patents and 7,500 patent applications, as it looks to compete with rivals such as Apple Inc. and defend itself and Android phone manufacturers in patent litigation.
A main condition of the deal is that the Android system remain free and open for five years, said a source who is familiar with the Chinese approval but not authorized to discuss it.
"We are pleased that the deal has received approval in all jurisdictions and we expect to close early next week," Motorola spokeswoman Jennifer Weyrauch-Erickson said.
View the original article here
Google says it has China's approval for Motorola deal
(Reuters) - Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones.
Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business.
U.S. and European regulators approved the deal in February, leaving only the Chinese regulators as potential spoilers.
"Our stance since we agreed to acquire Motorola has not changed, and we look forward to closing the deal," Google spokeswoman Niki Fenwick said, confirming that the Chinese had approved the deal.
Google, whose Android software is the top operating system for Internet-enabled smart phones, wants phone-maker Motorola for its 17,000 patents and 7,500 patent applications, as it looks to compete with rivals such as Apple Inc. and defend itself and Android phone manufacturers in patent litigation.
A main condition of the deal is that the Android system remain free and open for five years, said a source who is familiar with the Chinese approval but not authorized to discuss it.
"We are pleased that the deal has received approval in all jurisdictions and we expect to close early next week," Motorola spokeswoman Jennifer Weyrauch-Erickson said.
View the original article here
Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business.
U.S. and European regulators approved the deal in February, leaving only the Chinese regulators as potential spoilers.
"Our stance since we agreed to acquire Motorola has not changed, and we look forward to closing the deal," Google spokeswoman Niki Fenwick said, confirming that the Chinese had approved the deal.
Google, whose Android software is the top operating system for Internet-enabled smart phones, wants phone-maker Motorola for its 17,000 patents and 7,500 patent applications, as it looks to compete with rivals such as Apple Inc. and defend itself and Android phone manufacturers in patent litigation.
A main condition of the deal is that the Android system remain free and open for five years, said a source who is familiar with the Chinese approval but not authorized to discuss it.
"We are pleased that the deal has received approval in all jurisdictions and we expect to close early next week," Motorola spokeswoman Jennifer Weyrauch-Erickson said.
View the original article here
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