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12-09-2013, 12:13 PM #1
Pre-Orders for Apple's iPhone to Begin through China Mobile This Week
The largest wireless carrier in the world, China Mobile, will begin accepting pre-orders for Apple’s iPhone this Thursday, ahead of a formal launch later this month according to a new report. An unnamed representative for China Mobile confirmed to The Wall Street Journal on Monday that the carrier will begin taking pre-orders from customers later this week. It’s expected that the iPhone will officially launch on China Mobile on December 18th.
The carrier began taking pre-orders for smartphones with 4G LTE high-speed connectivity on Monday. Although the iPhone was originally shown on the company’s site, users could only pre-order devices from companies such as Lenovo and Samsung. The representative who confirmed that iPhone pre-orders will begin on Thursday indicated that the company’s customer services team hasn’t yet been provided with details on pricing plans for Apple’s smartphone lineup.
Meanwhile, expectations of a December 18 launch have persisted for weeks, though China Mobile itself has attempted to diffuse such reports when the carrier denied that a deal with Apple had been finalized. Instead, China Mobile insisted that talks with Apple were ongoing. Anticipation of a deal between Apple and China Mobile has been quite high, particularly among investors as the carrier boasts around 759 million subscribers, making it the largest wireless provider in the world. China Mobile is currently gearing up to launch its 4G TD-LTE network later this month and Apple’s new iPhone 5C and iPhone 5S are both expected to sport compatibility.
Currently, analysts believe the availability of the iPhone through China Mobile will add $10 billion in revenue to Apple’s bottom line in calendar 2014. It’s been predicted that China Mobile customers could buy an additional 17 million iPhones next year, representing roughly 10% of the current smartphone install base at the carrier. We’ll have to wait and see what things turn out to be like ultimately.
Source: The Wall Street Journal