I'd be surprised if the share price doesn't plummet a little.
Apple’s Beijing iPhone event on Wednesday has just ended with no new announcements for a market it desperately needs to succeed in, and prices for the new 5C higher than Americans will pay for the high-end 5S. The fruity tech titan was rumoured to be ready to announce a long-awaited tie-up with China Mobile, the world’s …
Wednesday 11th September 2013 07:47 GMT Anonymous Coward
Wednesday 11th September 2013 08:15 GMT Anonymous Coward
Looks like the the 'C' in 5C stands for China, not Cheap
Normally Apple would have taken $100 off the price of the iPhone 5 and sold it, just like they took another $100 off the price of the 4S and continue to sell that. So why did they quit selling the 5 entirely and plan to sell the 5C at that exact same price the marked down 5 would have sold at? There are only two differences between the 5 and 5C that matter: colored cases and support for TD-SCDMA and TD-LTE.
If they sold the current 5 they couldn't sell it to China Mobile customers as anything more than a 2G phone, but they can sell the 5C as a 3G/4G device. Who knows when a deal will be done, but I guess even if there isn't a deal this would help them sell a lot more phones to China Mobile customers. They've sold something like 30 million to them over the years despite no official carrier support, even though it only works at Edge speeds on China Mobile's network, so there is obviously demand for them.
Wednesday 11th September 2013 10:35 GMT Cliff
Wednesday 11th September 2013 12:30 GMT poopypants
Wednesday 11th September 2013 13:28 GMT Arctic fox
I do beg your pardon?
"According to its China website, the low cost multi-coloured iPhone 5C will be available for between 4,488 and 5,288 yuan ($733-864, £466-549)."
Low cost? I realise of course that the English language is changing rapidly but this is a new definition of low cost with which I am totally unfamiliar.