Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Will Apple's Share of the Smartphone Market in China Continue to Shrink?


GooPhone threatens to sue Apple over the iPhone 5 design.

MINYANVILLE ORIGINAL Despite earlier worries of a supply strain on the iPhone 5, Apple (NASDAQ:AAPL) has scheduled an aggressive rollout plan for its new smartphone. After officially revealing the smartphone yesterday, individuals will be able to preorder the phone in the US tomorrow,, September 14 beginning at 12 a.m. Then next week on September 21, the device will be sold in nine markets, which include the US, Canada, the UK, Japan, and Hong Kong. Seven days after that, the phone will be available in 22 more countries.

The rollout plan surprised some analysts, and Apple's goal should allay fears that Apple will be unable to meet the demand for the phone. Some relief also came from Sharp (PINK:SHCAY), which announced that it has begun mass-producing liquid crystal display panels for the iPhone 5 this week. The Wall Street Journal reported earlier that the production of the display panels had been delayed.

Analysts are optimistic about the new smartphone. According to Bloomberg, analysts such as Carl Hower of Yankee Group believe it will be "the best-selling consumer electronics device of all time, bar none." However, the initial reaction to the new phone in China has been mixed.

According to Xinhuanet, 48.1% of 36,000 respondents from a survey conducted by Sina, a major Web portal in China, said they would not buy the iPhone 5. Only 27.3% of respondents said they would buy the smartphone. The remaining quarter said they would "wait and see."
< Previous
No positions in stocks mentioned.
Featured Videos