Lagging iPhone 5c sales might be costing Apple the grand China Mobile bargain
China Mobile was expected to announce the official arrival of the iPhone 5s on its network this week, but it reneged in the last minute, saying that there's no news coming out. "We believe that weak sales of iPhone 5C may trigger a re-negotiation of the Apple-China Mobile partnership," notes the analyst. "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." Overall, it seems that China Mobile has found a weak spot in Apple with the iPhone 5c shipments, and is exploiting it to the max.
source: AppleInsider
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