I'm shocked. The same leaked signs a year ago would have resulted in a $20 pop. There is just no bid on this name, as growth guys are on to TSLA and FB. Worrisome, seriously. Not pleased by the sheer lack of interest in this name.
Seems priced in. Also, I just read an article pointing out 4G not approved yet even though contracts awarded to build out 4G network for China Mobile pending approval. Estimated contract is Nov in article.
No deal until mid 2014 at the earliset. iPhone 5S does not have TD-LTE Band 41. Won't work, plus China Mobile 4G LTE network is just being built. Expect iPhone 6 in late Q2 2014 to support TD-LTE Band 41, and possible China Mobile deal announcement early Q2 2014. No reason for China mobile to purchase a device that will NOT work on their immature LTE network.
China Mobile is an after-New Year event. Chinese New Year is January 31st of 2014, and demand is too high for iPhones right now. Supply will finally catch up around year's end and then China Mobile will be announced. There's really no point in announcing the deal now, as there's already a 5 week wait on the 5S. This would push it out to 10 weeks and that makes NO sense. Look for late 2013 or early 2014 announcement. Any sooner simply doesn't make sense.
so go ahead and sell your shares. along with others who get impatient and frustrated. as soon as you sell and others bail out. the price will go up. that is exactly how it works. the strong accumulate shares from the weak.
dumb comment. My point is valid. The stock doesnt have the same bid it had a year or two back. I think its caught between value and growth investors. The growth guys are focused on momentum, ala FB and TSLA. I trade Apple these days, so I will be out. And back in at some point. Just got back in on the strong 5s review. Originally at different points from $150 up
And the anal-ysts have already unanimously decreed that the phones are too expensive for the poor Chinese consumer, what the heill does Apple know about their markets, right? Challenging all those expensive Ivy League MBAs - the gall...!
i totally dont buy that the phones are too expensive. Why? because you dont need all 700 million subs on CM. You need the top 100 million that have the cash to buy 4G smartphones. They will sell like crazy. And thats my point, this stock should be moving in anticipation of that