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Weak iPhone 5c Sales May Be Holding Up China Mobile Deal

Weak iPhone 5c Sales May Be Holding Up China Mobile Deal

Posted December 20, 2013 at 3:14pm by iClarified
China Mobile has yet to officially confirm a deal with Apple to offer its iPhone 5s and iPhone 5c devices to its 759 million customers and a new report suggests that weak iPhone 5c sales may be the reason.

"We believe that weak sales of iPhone 5C may trigger a re-negotiation of the Apple-China Mobile partnership," KGI analyst Ming-Chi Kuo said in a recent investor note. "However, the indications are that the deal is nearing an end. While recent market speculation calls for the deal to boost 1Q14 iPhone shipments to 45-50mn units, we think this is overly optimistic."

The latest surveys conducted by the analyst have shown that demand for a TD-LTE iPhone 5c has dropped 'dramatically' over the past weeks. Subscribers are more interested in the iPhone 5s. Kuo pegs TD-LTE iPhone 5c shipments at 1-1.5 million units in Q4 2013 and less than 1 million in Q1 2014. This is apparently well below Apple's estimates and could be why China Mobile didn't announce a deal with the company as previously rumored.


Despite the hold up, China Mobile has placed ads on its site inviting customers to pre-order the iPhone and stores have already begun promoting the device. Kuo is predicting the partnership will generate 15-20 million iPhone unit shipments in 2014 and 20-30 million the year after.

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Weak iPhone 5c Sales May Be Holding Up China Mobile Deal

Weak iPhone 5c Sales May Be Holding Up China Mobile Deal


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