“China Mobile is not going to be selling the iPhone 5, at least not anytime soon, says Nomura Equity Research in a report out of Friday,” Reinhardt Krause reports for Investor’s Business Daily.
“‘Contrary to some media reports’ suggestions, the initial version of iPhone 5 does not work on TD-LTE technology (4G technology adopted by China Mobile),’ Nomura analyst Danny Chu wrote,” Krause reports. “”‘As the new iPhone is not compatible with China Mobile’s 3G (TD-SCDMA) or 4G (TD-LTE) technologies, it can only operate on 2G networks of China Mobile,’ he said.”
Krause reports, “He says China Unicom will likely sell the iPhone 5 ‘around December.’ Some analysts have claimed chips built into the iPhone 5 have been engineered to support China Mobile’s network, if a deal is worked out. CNBC reported Thursday that an Apple-China Mobile deal was ‘imminent.’ Such a deal could spark iPhone sales in China.”
Read more in the full article here.
MacDailyNews Take: Hmmm, “imminent” or “not anytime soon.” Those span a rather wide range of opinion.
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China Telecom beats estimates as subscribers rise on iPhone 4S sales – August 22, 2012
Analyst: China Mobile 3G user growth slow, carrier is ‘in need of an iPhone’ – June 22, 2012
China Mobile in negotiations with Apple for iPhone – May 16, 2012