Tim Cook 'Incredibly Optimistic' About New Partnership with China Mobile

Is he allowed any other response?

Money makes everyone happy!

Really? Incredibly optimistic about scoring a deal with a partner that carries almost 1 billion potential customers?

Colour me shocked.

Apple will plateau soon. There is not that many more major markets Apple is not already in, to enter.

Optimism = $$$

Grrreat!!!

With Apple growing in China. It goes to show how grateful they are to the muscle of Apple. Why make products where the Chinese cannot partake. I am glad that anybody can enjoy technological greatness.

Man I really wonder where Apple will go. I know their Spaceship Apple Campus 2 will nicely be funded. For this architectural marvel to come will surely pave the way for structural engineering.

Talk about putting a dent on postmodernism in our time.

Amazing!!!

I don't know. Seems like Apple is a very expensive player in a market that does not have lots of money.

Ask again in a month and we will know more.

the8thark said:

Apple will plateau soon. There is not that many more major markets Apple is not already in, to enter.

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Make new product categories like they have been for years.

Tim Cook the beancounter is always "incredibly optimistic" or "extremelly proud" about everything. Does he really think people are so naive as to not see his melodramatic commentary for the corporate-speak marketing BS that it is?

nostresshere said:

I don't know. Seems like Apple is a very expensive player in a market that does not have lots of money.

Ask again in a month and we will know more.

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The top 1% of China is very rich.China is sometimes estimated at 1.6 billion people. Consider that that top 1% has children, parents, spouses, and others that are close to them and the major earners of China and their close affiliates is a huge number of people.

The phones will sell and they will sell nicely.

Pyrrhic Victory said:

Tim Cook the beancounter is always "incredibly optimistic" or "extremelly proud" about everything. Does he really think people are so naive as to not see his melodramatic commentary for the corporate-speak marketing BS that it is?

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What is he supposed to say?

musika said:

Really? Incredibly optimistic about scoring a deal with a partner that carries almost 1 billion potential customers?

Colour me shocked.

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There are some downsides.
Have to count all that money, trying not to laugh when speaking with Chinese men with a horrible accent,

Pro:
They have increased there market by 300% compared to just USA!!!!!!!!!

This is a Win -Win for almost everyone. T mobile Apple, the customer, the stock holders and even the Chinese and American Goverments. The timing looks right the excitement is there. Enough said

hello12 said:

What is he supposed to say?

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"We've made a pact with the devil to embark on a quest for world domination! Try and stop us now SamDung!"

Like I have been saying in other threads, this deal will begin to bear fruits in the future when apple launches new product categories and diversifies its mobile phone portfolio..The sheer increase in market size for apple with the china mobile deal would allow apple to design products around it and would make it immensily profitable for both apple and its supplier base. Those folks in china that wanted iphones and could afford them bought them for cash..This deal would open up newer customers who could not afford to pay huge upfront costs for the device (s) and that in itself would be big once apple looks to diversify into different markets in moblie phones which in my opinion they should. The market is the right size for apple to have a dedicated flagship phablet and a dedicated flagship phone. I'm not overly concerned about market share because that has really never been apple's driving force..Its churning out great products and selling them in huge numbers that apple does WELL and as long as the sales are growing i couldnt care less who has the no 1 spot in china..I'd be worried if apple competed in all price points and categories which they dont..

Apple will plateau soon. There is not that many more major markets Apple is not already in, to enter.

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Thats assuming they stagnate and do not innovate or look to diversify..That is totally uncharecteristic..Right now they essentially have 1 phone (new) per year for the market to absorb..What if they had 2 or 3 that catered to a different user base? That automatically increases the potential customer base..At the moment no person looking for a large screen size or a Phablet will consider buying an iphone..So thats one category that can increase sales right there..

Ipod sales have pretty much plateud yet apple is doing rather well..because post the ipod they entered into mobile phones and then tablets..Both those categories are continuing to grow and new categories are ripe for exploration as Tim Cook eluded to last year.

goobot said:

Make new product categories like they have been for years.

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Well Apple have re-invented product categories, not created them from scratch. But same end result. Apple's take on the product categories is unique and very good.

the8thark said:

Well Apple have re-invented product categories, not created them from scratch. But same end result. Apple's take on the product categories is unique and very good.

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Its still creating a new category for themselves and their divisions..I think that is what the comment meant..Apple is seldom first to market in most of its categories..But they are often the market makers that really shape the size and scope of the market..Whether that is in portable music players, phones or tablets...The entire force seems to be focused on taking technology and making it mainstream and appealing to a remarkable customer base..Because of this their products are usually the defining force in their categories and often benchmarks against which other hadware is compared..

I also think that Apple will plateau soon. They have done enough I think.

760 million subscriber, if they target only 10% would mean 76 million iPhones,
not a bad business, I too would be optimistic about it

Man of few words

simonappheros said:

I also think that Apple will plateau soon. They have done enough I think.

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Well there is also Amazon, Google, Samsung, etc ... they are all big companies with a big global presence, one of them has to peak eventually, right? There is no point to think Apple would plateau before the rest.

Actually for roughly 3 or 4 quarters straight the growth of Apple was not accelerating it was only growing at the same rate (around the time the stock price fell), then it started accelerating again. So Apple already hit a plateau last year, I think you missed that. Apple coming out of that plateau is thanks to a greater global presence, a more diverse product portfolio (two new iPad and two new iPhone models, all at the same time), and surprisingly a solid increase in CMMI level from 3 to 4. I would wager at least 8 straight quarters before they reach the next plateau, and they may still come out of the next plateau going up just like before.

China is a very competitive market, and Samsung is doing great there. I don't think Apple has a chance to expand in China with current products. Apple could be successful there if they produce iPhone with larger screen and lower the price.

Excellent news for Apple enthusiasts and Chinese consumers! This deal has come in time for Apple's predicted 2014 launch of the rumoured larger screen iPhone 6. Being someone who spends a great portion of my time in China, it's clear that it's large screen phones that the Chinese public want. The iPhone 6 launch is now going to be even more out of this world!

nostresshere said:

I don't know. Seems like Apple is a very expensive player in a market that does not have lots of money.

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The iPhone is already available on two major carriers in China.

So that kinda disproves your "the iPhone is too expensive for China" theory

nostresshere said:

Ask again in a month and we will know more.

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Better yet... see how many iPhones Apple has sold on China Unicom and China Telecom over the last few years.

It was obviously advantageous for the iPhone to be on those carriers... so I suspect it will be the same on China Mobile too.