China Mobile deal must be in the "Bag" or Apple would refute
When you see and hear headlines like this,
"Apple's next iPhone headed to China Mobile"
posted over the last 24 hours you know something big is going on between Apple and China Mobile. Apple is famous for "not commenting on breaking news", yet this deal is so big and important that if it were untrue or pure speculation I think Apple would come out and distance it self from the rumor. You can't have your CEO about to go "show time" next Tuesday with everyone thinking China Mobile news is just around the corner - like the next day or two.
So I'm in the category that Apple stock will jump Monday, Tuesday and Wednesday on confirmation of new iPhones, confirmation on China Mobile deal and confirmation of other "home run" products coming out later this year (as in more Apple events dates coming)
Looks like yesterday we said goodbye to $400 range and next week set our sights on $600 range.
50 million phones, $400 each= 20 billion, daaaaaaamn, not sure how much is profit but let's be conservative and call it $100, that's still 5 billion, what I don't get is how they are gonna ship 50 million phones, how could they have that supply ready to go, I'm not in logistics but to try and keep up with demand here and send that many over there seems like a stretch to say " shipping 50 million phones" (and why ship them there aren't they manufactured there?) don't know what to expect next week,looking for a pop, still think there is some manipulation to be had next week though