In the tug-of-war that has kept the iPhone out of China in the two years since it's been on the market, China Unicom is purportedly closest to reach a deal but still faces an attack from dominant carrier China Mobile.
Apple executives said this week they believe the iPhone remains in its infancy and went on to — somewhat uncharacteristically — reveal a series of strategic measures they may employ in the near term to help grow the handset's share of the booming smartphone market.
Shares of Apple continue to make forward progress this week with as a pair of Wall Street analysts issuing new research reports that raise their price target on the stock in light of upcoming product catalyst.
Tough macroeconomic conditions are causing wireless carriers like Sprint and T-Mobile to become more aggressive with pricing of their monthly service plans, a move which could ultimately help drive down the cost of owning an iPhone.
Apple and its US wireless partner AT&T are discussing plans to potentially offer next-gen iPhone customers more data plan choices amid fears of losing their business during a time of economic hardship, according to a new report.
While acknowledging that expectations for next week's Macworld Expo are running relatively low, one Wall Street analyst believes there's an outside chance Apple will surprise show-goers with a new consumer oriented device.
Investment bank Kaufman Bros. on Tuesday downplayed renewed concerns over the health of Apple chief executive Steve Jobs, arguing that although the co-founder has been critical to the company's resurgence, his spirit and drive have since been instilled in thousands of other Apple employees.
A pair of Wall Street analysts tightened their estimates for Apple's 2009 fiscal year on Tuesday, citing softening demand for Macs in the United States and weaker than expected iPhone growth in Europe.
Giving the gift of iPhone this holiday season requires that customers purchase a gift card from Apple rather than the handset itself, a process that may understate the company's December quarter shipments as a result.
Although Macs and iPhones were seen as Apple's ticket to a healthy holiday quarter, the electronics maker has reportedly been struck by surprising demand for iPods and is now scurrying to restock some of its reseller channels.
Although this year's holiday shopping season is expected to present challenges for many consumer-oriented hardware companies, Apple is already showing signs of bucking the trend with Black Friday Mac sales reported to be better than expected.
Investment firm Kaufman Bros. said Wednesday it believes Apple is preparing to offer its deepest Black Friday discounts ever, but said the move has been accounted for in the company's guidance and will be largely offset by falling commodity costs.