Update: February 8, 2010: Thanks to a recent regulatory filing (SEC 13F), China’s sovereign wealth fund China Investment Corporation (CIC) provided a rare glimpse into its U.S. listed assets ($9.63 billion). CIC holdings includes a nominal position in Apple, Inc. ($6.3 million). While the amount invested in Apple (AAPL) is “play money” for China, it’s [...]
Category Archive for 'iPhone in Asia'
Here are a few excerpts from today’s (Jan 25, 2010) Apple (AAPL) Q1 2010 earnings conference call (full transcript via Seeking Alpha): Benjamin Reitzes – Barclays Capital With regard to the iPhone could you talk a little bit more about China and in particular did that meet your expectations in the quarter? How is that [...]
Philip Elmer-DeWitt who writes Apple 2.0 for CNN/Fortune, has a post today covering the global distribution of iPhone and iPod Touch. Elmer-DeWitt cites a report by Piper Jaffray technology analyst Gene Munster, who projects that Apple will have sold 78 million iPhones and iPod Touches worldwide by the end of January. Now that we have [...]
December 16, 2009: iPhone launched in Guam on December 11 without the fanfare in more populace markets. Yet the enthusiasm for iPhone in the tiny island nation is strong. Japan-based DoCoMo quickly sold out of their iPhone allocations in Guam and is awaiting resupply. The second carrier in Guam, GTA, has also seen strong demand. [...]
If you search for #iPhone #China on Twitter, you’ll find hundreds of tweets reinforcing the falsehood that Apple (AAPL) has sold only 5 iPhones in China. This pathetic little number comes from articles reporting the first 2 weeks of iPhone sales on the new China Unicom iPhone portal on Taobao.com. Yes, only a handful the “official” [...]