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  • rossimario522 rossimario522 Mar 2, 2013 11:21 AM Flag

    Apple iPhone 6 Targets China Mobile in Bid for Supremacy in Smartphone Wars

    Apple iPhone 6 Targets China Mobile in Bid for Supremacy in Smartphone Wars
    By Fiona Keating: Subscribe to Fiona's RSS feed
    March 2, 2013 3:17 PM GMT
    There are rumours that iPhone 6 orders have already been placed with the manufacturers at Foxconn and could be ready for a release in August
    Apple's next smartphone could be sold by China Mobile later this year, in a bold attempt to capitalise on the Chinese market of 500 million people.
    According to Chinese news site EMSOne, Apple's latest iPhone will be designed to work on the TD-LTE 4G high-speed mobile network of China Mobile - China's largest carrier. In fact, the iPhone 6 - unlike the current iPhone 5 - will be compatible with all 4G networks worldwide.
    Analysts have been predicting that Apple's wilting share price is unlikely to recover unless the Cupertino-based electronics giant can make inroads with consumers in China, whose market is almost twice the size of that in the United States.
    Apple's iPhone 5 sales continuing to be healthy, but the company's stock is now down 19 percent this year.
    AppleInsider reported that Barclays Capital analysts claim that iPhone 6 orders have already been placed with the manufacturers at Foxconn and that the new phone could be ready for release in August.

    Sentiment: Buy

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