From 9-16-14 China Tech
From China tech site,,,9-16-14
NEW BLOG: The omission of China in the first wave of iPhone 6 launches has nothing to do with a crackdown on successful foreign companies, a willful delay in the certification process or a rethink in Apple’s simultaneous release in key markets around the world.
A former senior executive at China Mobile explained that the delay is simply a technical issue related to the phone’s new NFC capability, which previous iPhones didn’t have, so requires more time for review by authorities. In addition to being certified by China’s Ministry of Industry and Information Technology, all handsets need a licence from the country’s Terminal Testing & Approval Forum (TAF), which is under the MIIT.
The source, who asked not to be named, said the mobile payment function makes the approval process more complicated and time consuming, with approval not expected for two weeks to two months. Given that the phone’s NFC functionality reportedly can only be used with Apple Pay, resolving that issue could be tricky for the TAF. Adding to the complexity, Apple is seeking approval of two versions: CDMA(EV-DO)/LTE and W-CDMA/LTE.
Handset makers like Samsung and Sony have already had NFC models approved in China, so the process and documentation are in place. Apple is no doubt keen to have supplies on hand as early as possible, knowing that more than a million customers in China have pre-ordered the iPhone 6 from the three telecoms giants.
Apple expects to sell eight million iPhone 6 models in China this year, which would be a difficult task if operators don’t have them until November.
With supplies already running short after selling a record four million globally in 24 hours, and deliveries stretching now into October, perhaps the delay in China will shorten wait times in other parts of the world.
please keep your fingers crossed this week everyone will know if apple will be part of the dow 30, if this happens add 5 points to the price of the stock
Sentiment: Strong Buy
I have no idea what you're basing a surge to 104 on monday on . . . Blowout sales of the iPhone 6 were already baked into the price. Apple knew it would be a VERY popular item. In fact one reason we're not getting the Apple Watch until NEXT quarter is that they wanted all the available manufacturing capacity online for this quarter to fill iPhone 6 orders up until Christmas.
Fascinating, an anti-capitalist post on a financial board. That's very odd since if you were going to criticize any company it wouldn't be Apple, a company with some of the most social friendly policies in the western world. You'd go after BP or Exxon instead; so I take it you shorted Apple and lost your #$%$
Thanks for the money!
Their only manufacturing problem is that they can't manufacture them fast enough. Kind of like the cell phone version of a Tesla S series. Get used to it. As far as the "hype" about the long lines at Apple, of course people are being turned away empty handed. We you have lines that contain upwards of 20 thousand customers you could fill the ENTIRE store floor to ceiling with iPhones and STILL sell them all. I saw a NICE picture of a chartered plane bring iPhones into the US, they were on HUGE pallets, literally tens of thousands of them in the plane, and those planes are going out about every few hours.
Samsung would kill for that kind of sales of phones in that price bracket. That's why Apple makes over 80% of the money in the smartphone market. They don't have to essentially GIVE their phones away to get customers.
When Apple was at $390......every other post on this message board was about how the stock was going to $350. I remember this clearly. :-)
You might think tax rates are high for corporations but in fact most pay very little. Give us the rate for GE or Apple.
My short list:
1. Selling 300 million 6 phones in the next 12 months instead of 180 million
2. 6+ bigger % of mix....Higher margins
3. Greater storage configurations prefered....Higher margins
4. Much greater demand than expected from Android users....Market share
5. GOP wins Senate.....Bill to lower corporate tax rate goes to Obama. He signs it.