Apple Inc. NASDAQ:AAPL to Rally as China Approves iPhone 5
Apple Inc. NASDAQ:AAPL iPhone 5 has finally received the blessing of the Chinese regulators, there will be a monster December debut in a highly competitive market where Samsung beat Apple in to the China market with new products.
The China release will add a welcome bonus to the Apple Christmas sales, along with the release in Korea and the new iTunes 11.
Apple Inc’s. NASDAQ:AAPL second-largest market and the China fans are eagerly awaiting the latest model of its smartphone, the iPhone 5, which was released in the United States in September.
Apple has said that the iPhone 5 will be released in China in December, but the long wait caused Apple’s smartphone market share to halve to 10 percent in the second quarter as users switch brands or hold out for the latest model, data from industry research firm IDC showed in August.
The Telecom Regulatory Authority, under China’s Ministry of Industry and Information Technology, showed two iPhone 5 models on its website that received approval on Thursday. The two are the A1429, a WCDMA model that runs on China Unicom HKG:0762 network, and the A1442, a CDMA model that runs on China Telecom Corp HKG:0728 network.
The chairman of China Unicom, the country’s second-largest mobile carrier, said early this month that it expected to start selling the iPhone 5 this year as it aims for a major boost in 3G users to 100 million by the year-end, up from 67 million in the first nine months.
Netizens on Sina Corp’s NASDAQ:SINA Weibo, China’s most popular microblogging platform, cheered the imminent arrival of the latest iPhone. “I’m all ready! The iPhone 5 is coming!” said one.
- Apple Inc NASDAQ:AAPL Trade Alert
May 22, 2013
- Apple Inc NASDAQ:AAPL US Tax avoidance strategies break no laws
May 21, 2013
- Apple NASDAQ:AAPL iPhone Market Share Down in Q-1
May 16, 2013
- The Apple NASDAQ:AAPL App Download Count Approaching 50-B
May 14, 2013
- Apple Inc NASDAQ:AAPL Trading Week Ahead
May 13, 2013
Heffernan Capital Management
Business Development Director – Private Client Group,
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.
He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
Chinese Society of Economists
American Economic Society
Best Hedge Funds 2013
Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while …
UAE Economy Seeing a Spring Boom
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
NASA’S HUBBLE SPACE TELESCOPE REVEALS THE RING NEBULA’S TRUE SHAPE
WASHINGTON — The Ring Nebula’s distinctive shape makes it a popular
illustration for astronomy books. But new …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …