Is This the Chinese Release Date for the Next iPhones?
Apple’s (NASDAQ:AAPL) upcoming iPhone 5S and iPhone 5C models will land in China on November 28, according to a recent report from the China-based First Financial Daily via CNET. This launch date is over two months after the new iPhones will debut in the U.S. if the insider sources cited by AllThingsD are correct.
According to CNET, the First Financial Daily report suggests that China’s delayed iPhone launch may be due to a bureaucratic hold-up as the device still needs to be approved by the country’s Ministry of Industry and Information Technology. The Chinese news daily also states that the new iPhone models will support China’s TD-SCDMA network.
Although the report claims that the new iPhones will be compatible with China Mobile’s (NYSE:CHL) network, it doesn’t confirm that a deal between Apple and China Mobile has yet been reached. However, First Financial Daily notes that China Mobile Chairman Xi Guohua recently stated that negotiations with Apple are progressing very well and “the two sides are expected to achieve cooperation in the future.”
China Mobile is the country’s — and world’s — largest carrier with over 700 million subscribers, but it does not currently have a distribution deal with the Cupertino-based iPhone maker. However, Apple CEO Tim Cook met with China Mobile’s chairman in Beijing last month.
First Financial Daily also reports that the iPhone 5C will sell for 3,399 yuan (about $550), while the iPhone 5S will sell for 5,599 yuan (about $900). This iPhone 5C price is slightly higher than the $350 to $400 range that many analysts have predicted.
Here’s how Apple closed out the trading this week.
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