The only one who reported this story was two Chinese reporters for the WSJ who cited an unnamed source. The other reports were just reports of that report.
“We have been negotiating with Apple, and currently there is no further information to disclose,” Rainie Lei,
"On this topic, there is currently nothing new we can reveal," Rainie Lei,
Rainie Lei, a Hong Kong-based spokeswoman for China Mobile, said she had “no news” on the status of talks with Apple.
"We are still negotiating with Apple, but for now we have nothing new to announce," China Mobile spokeswoman Rainie Lei
Didnt the rag WSJ report prior to the iphone launch that China Mobile deal was happening? And didnt the same CM spokeswoman come out back then and say there was no deal? But yet the rumor milll was on full and didnt listen to the one named source saying there was no deal? And here we are three months later with the exact same scenario before us with the CM spokeswoman saying that there is no deal and that they are still negotiating. I wouldnt be concerned with nothing being signed but the fact that they are still negotiating concerns me greatly. Also, if they were ramping up 2-3M iphones for a CM launch, wouldn't there be increased wait times for deliveries of iphones instead of shrinking ones? Just analyzing the Known facts instead of rumors. Remember when GWB planted the WMD rumor in the WSJ and all the other media lemings rushed to report om another report which turned out to be completely false.
My apologies. Do a google search for Aapl and the first article by Valuewalk talks about Citis claim of a 12/12 preorder date.
Citi apparently picked up something indicating orders will begin on the 12th. Check out yahoo news for aapl.
Wait until people find out that their whole house has electrical wires running through the walls and that they are surrounded by a field of electricity while they are sleeping. God help us all from the evils of electricity! Don't let Mr. Tesla take us down the dark road of electricity! The only thing safe is to burn wood.
wonder what would happen to a regular car if road debris punctured the oil pan and all that oil got on hot exhaust or if it punctured a gas tank? I think I'd rather have a battery punctured than a gas tank or engine oil fire.
Yes indeed. I google searched for Suzhou Life Network and translated and it does appear they are taking reservations for the 5C and 5s. Only question is if this is just a reservation system in the event that iphones actually come to CM or if they are actual pre-orders.
Just realized this wasn't that clear. Reason I believe they announce on the 11th and not the 18th is that the 18th will be the launch date BUT they will announce on the 11th as CM will want to do pre-orders, which they already revealed they will be doing.
If the 18th is the actual launch date as rumored and with the mistaken pre-order of iphones on CM already taking place, I'd also guess that they have the official announcement this next week but might be a week in advance, so I'd expect it to occur on the 11th. Should be a good pop of $20 which will probably faulter for the rest of the week but the following week on the 18th when there are mobs at the CM stores, I wouldn't be surprised if it gets close to $600.
Tesla claims that their production of cars is solely constrained by the amount of batteries they are receiving from suppliers. If this is true, then why are they supplying battery packs to Musk's other company Solar City? Wouldn't they be able to produce more cars if they used these battery packs instead of selling them off or are they a completely different type of battery not useable in their cars?
If they launch on CM on the 18th, i'd expect delivery times to start expanding in the US as Apple starts stockpiling for CM launch.
At the conference call Musk advised that production is really not going to improve significantly for over a year. He indicated that the X won't be in full production until first quarter 2015. That's 14-17 months from when he said that. Investors aren't going to park their money there for 17 months in hopes that the battery supply issue will suddenly resolve itself. If Tesla can increase production by 10% each of the next 4 quarters, then you're looking at a very good 40% growth rate but there is yet any indication there is any way they can get 40% more batteries for this heady production estimate. And if battery production isn't there for the X, then they'll just be swapping sales from S to X just like from US to Europe with not enough growth to satisfy the high PE.
The CC and the earnings guidance announced by Apple for the Oct-Dec quarter clearly were indicative that there would be no China Mobile deal. If there was an imminent deal in the works, they would have guided easily another 5% higher if not 10% due to a likely surge of initial iPhone sales on their network. Tim Cook is simply Plain Jane. He is NEVER going to surprise consumers or investors.
I drove an S and it's an amazing car and I believe Tesla will succeed immensely. However for next 9 months I believe this stock is dead money. I'll revisit in August ahead of X ramp up and hopefully improving battery supply from Panasonic. There isn't a compelling reason to own TSLA stock currently and why tie your money up in it if you believe it will be flat or ride a trough until next year?
Guidance for the next quarter and all of 2014 gave no reason to want to own this stock for the next year. Basically Musk said they don't have enough batteries to make cars. He's modeling a 10% increase for next quarter. And he's suggesting they are going to put a lot of money into a battery plant as well as supercharger infrastructure. To me this sounds like a lot more capex with little growth of revenue at least for a year.