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January 11, 2013

$99 IPHONE RUMOR QUASHED ON CHINA TV, GOOD FOR APPLE $AAPL $NOK $MSFT

Rumors of a cheap iPhone in the range of $99 to $129 have been swirling around for more than a week.  In general, I tend to dismiss Apple rumors.

Yesterday when the Wall Street Journalreported that Apple was working on a lower end iPhone, the rumors gained credibility.   The Journal reported that the cheaper iPhone would be made of plastic instead of aluminum and resemble the iPhone 5.

In my analysis, such a move would have meant Apple abandoning Steve Jobs‘ strategies that made Apple successful .

Now the good news is that the rumor is being quashed.  According to Shanghai Evening News, Apple is not planning on a cheap smart phone. … Please click here or the title below to read more.

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January 11, 2013

TIM COOK CALLS ON CHINA MOBILE, RAISES HOPE FOR IPHONE DEAL $AAPL $GOOG $MSFT $NOK

China Mobile, the he largest phone carrier in the world with about 700 million subscriber, is the next big prize for Apple.  At present, China Mobile  does not carry the iPhone.

It is not a surprise that Apple CEO Tim Cook paid a visit to China Mobile, but a statement from China Mobile appears to throw cold water on any immediate decision for China Mobile to carry iPhone.  “In the morning, Apple’s CEO Tim Cook visited China Mobile’s headquarters. China Mobile’s Chairman Xi Guohua and Tim Cook discussed matters of cooperation,” said Li Jun, a China Mobile spokesman, in an emailed statement according to Reuters.… Please click here or the title below to read more.

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January 11, 2013

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