Electronista reports: A lawyer for Proview Shenzhen, Xie Xianghui, is claiming that a court in the Xicheng district of Beijing is prepared to “slap Apple with a 240 million yuan ($38 million) fine,” according to the Global Times. The Xicheng district administration, though, is refusing to comment. “It is still under investigation, so no official [...]
Continue reading...Tuesday, January 31, 2012
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China Daily reports that China Telecom, the third largest carrier in China behind China Mobile and China Unicom, may begin carrying the iPhone 4S as early as February. The move would ramp up the pressure on the company’s domestic rivals in the fight to win more subscribers to the third-generation (3G) network service. In a [...]
Continue reading...Monday, January 30, 2012
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In the wake of Apple’s stellar earnings announcement last week, shares of APPL have skyrocketed into the $450 range. In doing so, Apple has surpassed Exxon as the most valuable company in the world. What’s scary, though, is that Apple still has plenty of room for grow. Apple’s share of the phone and PC market [...]
Continue reading...Sunday, January 29, 2012
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The New York Times last week published an extensive piece highlighting the human costs associated with manufacturing Apple products, kicking things off with the retelling of an explosion in May 2010 at a Foxconn factory that killed two individuals and injured over a dozen more. Describing the working conditions abroad in China, the Times writes: [...]
Continue reading...Tuesday, January 24, 2012
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An increasing amount of Apple’s income is derived from China, and while the bulk of those revenues come from iPhone, iPad, and iPod sales, Mac sales there are growing tremendously and are even outpacing Mac sales growth here in the US, according to a recent research note from analyst Ben A Reitzes of Barclays Capital. [...]
Continue reading...Sunday, December 11, 2011
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The iPhone 4S has received network regulatory approval from China’s Ministry of Industry and Information Technology (MIIT) and may go on sale there as early as Christmas, according to a report from Mic Gadget. MIIT is a state agency in China that regulates the Internet and wireless communications. The new iPhone 4S, like all mobile [...]
Continue reading...Monday, November 7, 2011
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By Luis Estrada: Since becoming available for pre-order this past Friday, the iPhone 4S sold out in Hong Kong in just 10 minutes according to Teconderoga Securities analyst Brian White. “In our view, this is a very positive sign for iPhone 4S demand in Greater China as Hong Kong represents the first entry of the [...]
Continue reading...Tuesday, November 1, 2011
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By John Hiesler: With over 105 million subscribers, China Telecom is the third largest carrier in China. Despite reports that it would begin carrying the iPhone sometime in 2011, it now appears that China Telecom subscribers may have to wait until mid-2012 to get their hands on Apple’s smartphone. As it stands now, the iPhone [...]
Continue reading...Tuesday, October 18, 2011
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By David Goldman: 63% of Apple’s revenue this past quarter came from sales abroad, and leading Apple’s international charge is China, a region Apple is devoting more and more resources towards with each passing month. During Apple’s earnings conference call earlier today, CEO Tim Cook took some time to discuss how important a cog China [...]
Continue reading...Saturday, September 24, 2011
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Apple today opened up its first retail store in Hong Kong at the IFC Mall and to say that people were excited would be a gross understatement. The new store is located in an extremely busy shopping district and features an elegant and modern design. The store is comprised of two levels connected via Apple’s [...]
Continue reading...Wednesday, August 24, 2011
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One year ago, Lenovo CEO Liu Chuanzhi expressed relief that Apple wasn’t taking China seriously. “We are lucky that Steve Jobs has such a bad temper and doesn’t care about China,” Chuanzhi explained. “If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble.” I don’t [...]
Continue reading...Saturday, August 6, 2011
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Apple’s revenue from China during the past quarter came in at $3.8 billion and that number is poised to balloon even higher should Apple strike a deal to get the iPhone on China Mobile, the world’s largest carrier with over 600 million subscribers. Late last week, CapitalVue reported that Apple finalized a deal with state-owned [...]
Continue reading...Friday, August 5, 2011
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After meeting with Apple COO Tim Cook and Apple CFO Peter Oppenheimer, Mike Abramsky issued a research note highlighting a few of his takeaways with two of Apple’s top executives. Though the note contains no direct quotes from either Cook or Oppenheimer, Abramsky intimates that both men see China as a massive opportunity with a [...]
Continue reading...Thursday, August 4, 2011
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With all of the talk about an iPhone 5 and an iPhone 4S, you might well think that Apple is planning to release two different models this fall. Oh wait, they just might! All Things D relays an analyst report from Ticonderoga Securities analyst Brian White who states that China Telecom has reached a preliminary [...]
Continue reading...Sunday, July 24, 2011
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Apple is no stranger to competitors copying its products. From Microsoft to Samsung, Apple’s tasteful hardware and intuitive software is often emulated but rarely duplicated. To be fair, when a company is as innovative as Apple is, being copied just comes with the territory. Copying products is one thing, but copying Apple’s entire retail store [...]
Continue reading...Thursday, July 14, 2011
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In the wake of reports that Apple is poised to sign an iPhone deal with China Telecom, the third largest carrier in China behind China Unicom and China Mobile, analyst Brian White of Ticonderoga Securities issued a note to investors writing that such a deal may potentially increase Apple’s bottom line by upwards of $9 [...]
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Tuesday, February 7, 2012
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