Apple could sell 17 million iPhones in China Mobile deal

Uncategorized | Friday November 29 2013 12:34 AM | Comments (0) Tags: , , , , , , ,

Apple could sell 17 million iPhones in China Mobile deal

(Credit: Josh Lowensohn/CNET)

Apple could add as many as 17 million iPhones to its 2014 sales tally in a reported deal with China Mobile, says Piper Jaffray analyst Gene Munster

The two companies have signed an agreement, the Wall Street Journal said on Wednesday, citing a “person familiar with the situation.” The source told the Journal that the iPhone is expected to roll out through China Mobile on December 18, finally available to the carrier’s 760 million subscribers.

If the December date is accurate, the 17 million in sales predicted by Munster would raise next year’s Wall Street revenue estimates for Apple by 5 percent. That assumes China Mobile will sell the iPhone at an average non-subsidized price of $525 versus $575 for the rest of the world.

The sales forecast represents around 2 percent of China Mobile’s total customer count, a number that Munster called “conservative” in an investors note released Thursday. The analyst said he believes a larger slice of devices would be sold during the first month or two, meaning January and February of 2014. But the deal could also eventually lower the non-subsidized price of the 5C, boosting its appeal.

“We also note that if Apple updates the… [Read more]

Apple could sell 17 million iPhones in China Mobile deal


Apple could sell 17 million iPhones in China Mobile deal

 

Apple could sell 17 million iPhones in China Mobile deal

 

Apple could sell 17 million iPhones in China Mobile deal

 

Apple could sell 17 million iPhones in China Mobile deal

 

Apple could sell 17 million iPhones in China Mobile deal

Apple could sell 17 million iPhones in China Mobile deal

Apple could sell 17 million iPhones in China Mobile deal

Apple could sell 17 million iPhones in China Mobile deal

Apple could sell 17 million iPhones in China Mobile deal

Apple could sell 17 million iPhones in China Mobile deal

Apple could sell 17 million iPhones in China Mobile deal

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