News / Economy

Report: China Mobile Briefly Takes Preorders for iPhones

A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in downtown Shanghai, China, Sep. 10, 2013.
A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in downtown Shanghai, China, Sep. 10, 2013.
Reuters
China Mobile Ltd., the world's largest mobile phone carrier, has quietly begun taking preorders for Apple Inc's iPhones, according to a report on Fortune.com.
 
Apple, which needs to expand its footprint in China, its biggest market after the United States, is trying to offset slowing revenue growth in developed markets that are increasingly saturated and hyper-competitive.
 
The Chinese carrier has struggled to sustain growth as rivals like China Unicom Hong Kong Ltd. sign up new users at a faster pace.
 
Apple fell to Number 7 in the second quarter in China, the world's largest mobile market, with 5 percent market share, losing ground not just to Samsung Electronics Co Ltd. but also to local rivals Lenovo Group Ltd and ZTE Corp.
 
Fortune's report, which could not be confirmed by Reuters, showed a screen grab from a reservation website that Fortune said was registered by a China Mobile subsidiary in southern China that began taking pre-orders for the iPhone 5S and the iPhone 5c late on Monday.
 
At 6:30 a.m. EST on Tuesday (7:30 p.m. Beijing time), the page had been replaced with a notice saying it was being updated and pre-orders would resume later.
 
Representatives for China Mobile could not be reached for comment. Apple declined to comment.
 
In late October, China Mobile placed an advertisement for the faster 4G mobile network on its website, raising expectations that a long-awaited distribution deal with Apple would be announced soon.
 
Apple has spent years trying to reach a deal with China Mobile, with numerous visits to the state-owned carrier's Beijing headquarters. It has repeatedly insisted the Chinese market is crucial to the company.
 
The ongoing effort has fueled Wall Street hopes that a deal would come soon, offering the iPhone to more than 740 million potential buyers who are China Mobile subscribers. But negotiations have been tricky, in part because of disagreements over details like revenue-sharing, analysts have said.
 
China Mobile has struggled to attract users to its high-speed 3G standard, who accounted for just one-fifth of total subscribers. In August, 40 percent of China Unicom Hong Kong's subscribers were on 3G, versus 52 percent for China Telecom Corp Ltd.
 
A completed deal and the resulting jump in iPhone sales could boost Apple stock, which has been stuck below $600 for over a year.
 
The shares rose 1.7 percent to $560.73 on Tuesday.

You May Like

FIFA Indictments Put Gold Cup Tournament Under Cloud

Experts say US indictments could lead to charges of other world soccer officials, and lead to major shakeup in sport's governance More

Video Seoul Sponsors Korean Unification Fair

At a recent even in Seoul, border communities promoted benefits of increased cooperation and North Korean defectors shared stories of life since the war More

Video VOA EXCLUSIVE: Iraq President Vows to Fight IS 'Until They Are Killed or We Die'

In wide-ranging interview with VOA Persian service reporter, Fuad Masum describes conflict as new type of fight that will take time to win More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Forced to Return Home, Afghan Refugees Face Increased Hardshipi
X
Ayesha Tanzeem
May 28, 2015 6:48 PM
Undocumented refugees returning to Afghanistan from Pakistan have no jobs, no support system, and no home return to, and international aid agencies say they and the government are overwhelmed and under-resourced. Ayesha Tanzeem has more from Kabul.
Video

Video Forced to Return Home, Afghan Refugees Face Increased Hardship

Undocumented refugees returning to Afghanistan from Pakistan have no jobs, no support system, and no home return to, and international aid agencies say they and the government are overwhelmed and under-resourced. Ayesha Tanzeem has more from Kabul.
Video

Video Britain Makes Controversial Move to Crack Down on Extremism

Britain is moving to tighten controls on extremist rhetoric, even when it does not incite violence or hatred -- a move that some are concerned might unduly restrict basic freedoms. It is an issue many countries are grappling with as extremist groups gain power in the Middle East, fueled in part by donations and fighters from the West. VOA’s Al Pessin reports from London.
Video

Video Floodwaters Recede in Houston, but Rain Continues

Many parts of Texas are recovering from one of the worst natural disasters to hit the southwestern state. Heavy rains on Monday and early Tuesday caused rivers to swell in eastern and central Texas, washing away homes and killing at least 13 people. As VOA’s Greg Flakus reports from Houston, floodwaters are receding slowly in the country's fourth-largest city, and there likely is to be more rain in the coming days.
Video

Video 3D Printer Makes Replica of Iconic Sports Car

Cars with parts made by 3D printers are already on the road, but engineers are still learning about this new technology. While testing the possibility of printing an entire car, researchers at the U.S. Department of Energy recently created an electric-powered replica of an iconic sports roadster. VOA’s George Putic has more.
Video

Video Al-Shabab Recruitment Drive Still on In Kenya

The al-Shabab militants that have long battled for control of Somalia also have recruited thousands of young people in Kenya, leaving many families disconsolate. Mohammed Yusuf recently visited the Kenyan town of Isiolo, and met with relatives of those recruited, as well as a many who have helped with the recruiting.
Video

Video US Voters Seek Answers From Presidential Candidates on IS Gains

The growth of the Islamic State militant group in Iraq and Syria comes as the 2016 U.S. presidential campaign kicks off in the Midwest state of Iowa.   As VOA’s Kane Farabaugh reports, voters want to know how the candidates would handle recent militant gains in the Middle East.
Video

Video A Small Oasis on Kabul's Outskirts Provides Relief From Security Tensions

When people in Kabul want to get away from the city and relax, many choose Qargha Lake, a small resort on the outskirts of Kabul. Ayesha Tanzeem visited and talked with people about the precious oasis.
Video

Video Film Festival Looks at Indigenous Peoples, Culture Conflict

A recent Los Angeles film festival highlighted the plight of people caught between two cultures. Mike O'Sullivan has more on the the Garifuna International Film Festival, a Los Angeles forum created by a woman from Central America who wants the world to know more about her culture.
Video

Video Kenyans Lament Losing Sons to al-Shabab

There is agony, fear and lost hope in the Kenyan town of Isiolo, a key target of a new al-Shabab recruitment drive. VOA's Mohammed Yusuf visits Isiolo to speak with families and at least one man who says he was a recruiter.
Video

Video Scientists Say Plankton More Important Than Previously Thought

Tiny ocean creatures called plankton are mostly thought of as food for whales and other large marine animals, but a four-year global study discovered, among other things, that plankton are a major source of oxygen on our planet. VOA’s George Putic reports.
Video

Video Kenya’s Capital Sees Rise in Shisha Parlors

In Kenya, the smoking of shisha, a type of flavored tobacco, is the latest craze. Patrons are flocking to shisha parlors to smoke and socialize. But the practice can be addictive and harmful, though many dabblers may not realize the dangers, according to a new review. Lenny Ruvaga has more on the story for VOA from Nairobi, Kenya.
Video

Video Iowa Family's Sacrifice Shaped US Military Service for Generations

Few places in America have experienced war like Waterloo. This small town in the Midwest state of Iowa became famous during World War II not for what it accomplished, but what it lost. As VOA’s Kane Farabaugh reports, the legacy of one family’s sacrifice is still a reminder today of the real cost of war for all families on the homefront.

VOA Blogs

World Currencies

EUR
USD
0.9205
JPY
USD
123.69
GBP
USD
0.6508
CAD
USD
1.2456
INR
USD
64.051

Rates may not be current.