Apple Inc (NASDAQ: AAPL) To Sell New iPhones In China

Posted by: : Paul EbelingPosted on: September 12, 2013 Apple Inc (NASDAQ: AAPL) To Sell New iPhones In China

Apple Inc. begins selling 2 new iPhone models in the Chinese Mainland as of 20 September, the 1st time the region has been included in the company’s launch list.

The iPhone 5S and iPhone 5C will be available to buy in the world’s largest mobile market on 20 September, when the 2 models will also be on sale in the United States, Australia and Japan, according to a company press conference held Wednesday in Beijing.

The retail price of the iPhone 5C in China will be CNY 4,488 (US$ 728), while the iPhone 5S will cost CNY 5,288, both the prices are much higher than their peers in markets outside the Chinese Mainland.

Apple fans said the simultaneous maiden launch in China’s Mainland together with other major markets shows the company’s sincerity towards Chinese customers, but some are disappointed.

A white-collar female worker surnamed Chen who works at Zhongguancun, or China’s “Silicon Valley,” said, “Apple Inc. has finally attached importance to Chinese customers by including China into the 1st launch markets, although the prices are a little high.

“There was no surprise at all. We miss the era of Steve Jobs,” said Zheng Xiyun, a marketing director with the interactive group IM2.0.

Wu Shu, an IT expert and chief editor of Iheima, an online platform to encourage creativity, said Apple has developed a complete integrated system. “If it makes major changes, such as enlarging the screen size, it will cause trouble for the application developers.” Stay tuned…

LTNs Analysis for AAPl: Overall Short Intermediate Long
Neutral (0.18) Neutral (0.01) Neutral (0.10) Bullish (0.42)

 

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Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.
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