August 4th – China Telecom Confirms iPhone 5 For October
China Telecom recently stated that they’ve reached a ‘preliminary agreement’ with Apple to carry the next-generation iPhone, which they say will be a simplified iPhone 4.Brian White of Ticonderoga Securities recently issued a note to investors that a deal with Apple and China Telecom would be imminent. He stated that the telecom carrier; the third-largest in China, apparently locked in a preliminary agreement for two types of iPhones.
Report: China Telecom Confirms A Fall 2011 iPhone 5
The report states that Apple will offer a more economical version of the iPhone 4 specifically designed to target customers in developing countries or developing parts of countries who cannot afford the more premium priced smartphone.
The deal, estimated to be worth roughly $ 30 billion, is supposed to be enacted around the end of September and start of October which goes in accordance with many reports that the iPhone 5 and its more affordable counter-part will come out around the same time.
Check out previous iPhone 5 news you might’ve missed here
Incoming search terms:
- when is the iphone 5 coming out? aug 4th 2011 (1)
- will the iphone 5 come out 4th september (1)