China Telecom, to Have Two iPhone Deal for October
An analyst from Ticonderoga Securities says that China Telecom will surely have an iPhone deal from Apple.
Ticonderoga Securities analyst, Brian White, pointed out a possible clue that Apple finalized a deal with China Telecom for their iPhone 5. Pointing to a Sohu news post, he understood that the carrier had reached a preliminary agreement to carry two different versions of the upcoming iPhone by late October. The designs would include the genuine iPhone 5, as well as the cheaper iPhone 4 version to help counter low-end Android.
Brian White added that China Telecom, the second largest carrier in China, would be a major target for Apple. The basic iPhone 4 would be enough to reach a wider range of audience. The said carrier has 108.4 million total subscribers, but only few can afford to buy an iPhone. However, they might be within reach.
Sohu’s report hasn’t been independently verified, but it came after rumors emerged with a similar information that includes a late October release.
The said lower cost design is predicted to be a largely straightforward version of the iPhone 4 where plastic replaces the more expensive glass. Apple has always been hesitant to produce a completely different budget iPhone model, but since 2009, it took an existing model and cut it down without sacrificing the core features.
Apple is said to be in negotiation with China Telecom and is also courting China Mobile — the largest carrier which likely their ticket to major market share improvements.View Article Source »