Source: The Globe and Mail
Writer: James Roger
Though it is being released in September, the new iPhone 5 , has already started to benefit Apple. During this week itself, the apple stock has risen immmensely and continues to rise. Not only the iPhone 5 is being released but it is also rumored that another iPhone may debut in the fall. This other iPhone may be an immproved iPhone 4 to be used in China.
Due to the population of China, a device targeting this country will immensely help the blooming Apple market. They plan to target China Mobile which has about 600 million subscribers and China telecom which has 100 million subscribers. In a conference call with the COE of Apple, Tim Cook, admitted that they just “scratched the sruface of market in China” and plan on becoming more active there.
I think the iPhone 4s is a very smart buisness idea for Apple since the population in China can positively influence their buisness and help it grow more and also spread the popularity of their company.
Investors- Apple and people with shares
Competitors- Google Androids and Blackberry
Consumers: the people that like to be in touch with the newest and best technology and want to get their hands on the latest Apple product
1) Do you think that Apple is making a smart move by making/advancing the iPhone 4?
2) Are you or do you know anyone that is going to buy the iPhone 5?
3) Do you think the stocks will continue to rise? and are you thinking about buying some stocks?