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Apple's Tim Cook meets China Mobile Chairman Xi Guohua

  • Apple (AAPL) CEO Tim Cook met China Mobile (CHL) Chairman Xi Guohua in Beijing yesterday to discuss cooperation, the Chinese carrier said, although it didn't elaborate.
  • China Mobile is the only operator in the country that doesn't have a deal with Apple to sell its iPhones and iPads.
  • The issue may have become more urgent for Apple, whose sales in Greater China slumped 43% on quarter in FQ3.
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Comments (26)
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    "sales in greater China slumped 43% on quarter in FQ3."

     

    Is that in Dollar revenue or in units sold?
    31 Jul 2013, 06:50 AM Reply Like
  • alpine
    , contributor
    Comments (1107) | Send Message
     
    Perhaps an equally relevant question to ask is how much higher China Mobile's sales would be, if they had the Apple platform sewn up, esp on CM's terms......
    31 Jul 2013, 07:24 AM Reply Like
  • bgold1955
    , contributor
    Comments (2095) | Send Message
     
    Sam.....good question. I have not seen a 43% decline regardless if mom, qoq, or yoy..... 14% decline in sales (dollars) yoy was what was reported last week by Apple.
    31 Jul 2013, 07:35 AM Reply Like
  • Gary Bushwacher
    , contributor
    Comments (544) | Send Message
     
    "sales in greater China slumped 43% on quarter in FQ3."

     

    Is that in Dollar revenue or in units sold?

     

    >>>>>&g...

     

    Does it really matter ?

     

    A big number in either case !

     

    (too big)
    31 Jul 2013, 09:58 AM Reply Like
  • Clayton Rulli
    , contributor
    Comments (2652) | Send Message
     
    knock off Apple products sales up 43% lol
    31 Jul 2013, 10:03 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    This matters as in China is because below consumer class clientele buy older models as in IPhone 4 (s) series.

     

    If it is a below 43% $ revenue-- that would explain it.

     

    Whereas 43% drop in units sold is something to panic!
    31 Jul 2013, 10:15 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    there are no knock off Apple products.

     

    Prove it!
    31 Jul 2013, 10:16 AM Reply Like
  • 426260
    , contributor
    Comments (131) | Send Message
     
    Sam - the 43% refers to revenue.

     

    See Apple web site: http://bit.ly/18CVLxY
    31 Jul 2013, 10:44 AM Reply Like
  • rkadari
    , contributor
    Comments (68) | Send Message
     
    The 43% decline is sequential - Q2 to Q3 in 2013 for Greater China. However, Year over Year - from Q3 2012 to Q3 2013 - revenue grew 27% for Greater China!
    43% is very misleading - ignores seasonality!!
    31 Jul 2013, 11:20 AM Reply Like
  • what do I know
    , contributor
    Comments (1049) | Send Message
     
    Lets go step by step- suppose the sales is in dollars that means less revenue for China and of course it means that AAPL sold less phone in third quarter. Then suppose it is in number of phones and of course that means less revenue. So, the revenue may not be 43% and you have to do mathematics, you have to know composition of sales. It means the same thing, Apple position in China have been deteriorated.
    31 Jul 2013, 11:22 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    It seems that the great Cn New Year bonuses are paid off in the 2nd Quarter around Groundhog Day, as CNY follows the lunar calender.
    31 Jul 2013, 11:39 AM Reply Like
  • Gary Bushwacher
    , contributor
    Comments (544) | Send Message
     
    @sam

     

    This matters as in China is because below consumer class clientele buy older models as in IPhone 4 (s) series.

     

    If it is a below 43% $ revenue-- that would explain it.

     

    Whereas 43% drop in units sold is something to panic!

     

    Gary says: China buying older versions causes a small dip in revenue, not 43%. A drop 43% in revenue or units is noteworthy
    31 Jul 2013, 12:04 PM Reply Like
  • vperez
    , contributor
    Comments (21) | Send Message
     
    Guys this have been going for 3 years and this should not be any news. Tim have not been able to deliver when Apple was the king why will make this happen when Samsung is stronger . We have better chances that Israel and Palenstine get to an agreement than Apple and China mobile get to any deaal.
    All of this is similar to the communist propaganda.
    31 Jul 2013, 01:19 PM Reply Like
  • 426260
    , contributor
    Comments (131) | Send Message
     
    rkadari: According to Apple's F3Q12 Summary Data at: http://bit.ly/18CVLxY, Greater China Revenue was about $4.6 billion in F3Q13 and was $5.4B in F3Q12, so revenue was -14% , year over year.
    31 Jul 2013, 02:14 PM Reply Like
  • doc47
    , contributor
    Comments (1119) | Send Message
     
    Did they pay off in Yuan or Egg Foo Young?
    31 Jul 2013, 03:41 PM Reply Like
  • John1138
    , contributor
    Comments (161) | Send Message
     
    He's only been able to deliver a compatible phone with the current product refresh. TD-SDMA compatibility is a big lever.
    31 Jul 2013, 03:58 PM Reply Like
  • pagreen1966
    , contributor
    Comments (601) | Send Message
     
    Could be an interesting month.

     

    Starting to hear reports from multiple sources that Apple will have an event in late August to launch the Iphone 5C and that it will become available in shops in early September.

     

    Wonder if a China Mobile deal will be announced at the same time. Will be a large catalyst if it is!
    31 Jul 2013, 07:55 AM Reply Like
  • rubber duck
    , contributor
    Comments (194) | Send Message
     
    IMO they wanted the low cost IPhone to be in place before inking any agreements. Now that the IPhone "c" is confirmed the deals will be inked.
    31 Jul 2013, 09:13 AM Reply Like
  • rbinder
    , contributor
    Comments (7) | Send Message
     
    Does the "C" on those "5C" boxes mean "China" and not "color"?
    31 Jul 2013, 09:24 AM Reply Like
  • Cooldoggie4
    , contributor
    Comments (2) | Send Message
     
    happy days ahead for apple all up from here imho
    31 Jul 2013, 09:56 AM Reply Like
  • John1138
    , contributor
    Comments (161) | Send Message
     
    Some of the slowdown is undoubtedly consumer anticipation of the TD-SDMA compatible 5s introduction that's looming. Chinese consumers can read a product release calendar just like anyone else.
    31 Jul 2013, 03:56 PM Reply Like
  • Skippy09
    , contributor
    Comments (1602) | Send Message
     
    I read where a contract with China Mobile will give AAPL access to 1 Billion (yeah, it's a B) subscribers in China. I'd think that would move the needle both in earnings and in stock price.
    What do you think?
    1 Aug 2013, 11:56 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    Apple already has access to billions of customers through its Cn Unicom arrangements-- as it uses the EU standards, Cn Mobile uses Cn standards, all three are Cn-nationwide. And Cn Telecom uses Qualcomm standards, for all three that is after 2.5g
    1 Aug 2013, 12:29 PM Reply Like
  • Gary Bushwacher
    , contributor
    Comments (544) | Send Message
     
    The total population of China is 1.4 Billion. I'm guessing maybe half are wireless subs. I know China Mobile is the largest carrier, so how many iPhones can we expect to sell, with a market share of say 30%, over how many years (they all rush out and buy immeditately).

     

    Don't get me wrong I'm a card carrying (read share owning) fanboy, but I just wanted to establish perspective.
    1 Aug 2013, 06:01 PM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    Through China Unicom, Apple has that access without compromise, to the population.

     

    In 2003, I bought a GSM Nokia in Hong Kong and went to China Mobile to get a sim card, in 2005, I got a Shanghai subscription service (16 RMB/month), which I cancelled for the 3.5 years I was in Beijing-- that I have renewed since.

     

    I could have just as easily registered and used my phone with Cn Unicom-- cheaply. The difference is Apple products are considered premium here, Samsung isn't.
    1 Aug 2013, 07:58 PM Reply Like
  • what do I know
    , contributor
    Comments (1049) | Send Message
     
    Samsung, Lenovo and Nokia have market in China- am I right? How did they get the paperwork from China Mobil? Is China Mobil discriminating against AAPL?
    2 Aug 2013, 10:00 AM Reply Like
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