Tuesday Apple Rumors — iPhones Limping on Sprint Network

by Anthony John Agnello | October 25, 2011 12:25 pm

Here are your Apple rumors and news items for Tuesday:

Sprint, Apple Working to Fix Limping iPhone on Network: The iPhone 4S’ Oct. 14 debut should have been an auspicious moment for notorious third-placer Sprint (NYSE:S[1]), but Apple‘s (NASDAQ:AAPL[2]) device has been suffering some problems on the telecom’s network. According to a report at 9 to 5 Mac, Sprint iPhones have been troubled by terribly slow data speeds[3]. An Internal email is said to be circulating around both companies, stating that a remedy for the problems is in the works. The report also claims users actually joined Sprint seeking more reliable, fast data transfer speeds. Given how badly Sprint needs a hit product to lure in new subscribers, these growing pains are especially troubling for the company.

China Mobile Scores 10 Million iPhone Users: The iPhone 4S was expected to be the first device in Apple’s smartphone stable to be officially supported by China’s largest telecom, China Mobile (NYSE:CHL[4]). Despite rumors of a partnership between the two companies[5], China Mobile remains an unofficial iPhone carrier. That doesn’t mean it doesn’t have many iPhones on its network, though. China Mobile chairman Wang Jianzhou told Reuters on Monday that his company has 10 million unlocked iPhones in use on its network[6]. Jianzhou claimed his company will start officially supporting the iPhone when Apple introduces a 4G model compatible with LTE networks, something “Apple promised to provide.” China Unicom (NYSE:CHU[7]) remains the only official iPhone carrier in China.

Jobs Biography on Track to Be Amazon’s 2011 Bestseller: A Monday report at Reuters said that Walter Isaacson’s new book Steve Jobs is on track to be Amazon‘s (NASDAQ:AMZN[8]) best-selling book of 2011. Amazon spokeswoman Brittany Turner did not, however, say whether physical copies of the book or digital versions sold through the Kindle Store are selling better. The book also is the No. 1 seller in Apple’s iBookstore.

As of this writing, InvestorPlace Consumer and Technology Writer Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at @ajohnagnello[9] and become a fan of InvestorPlace on Facebook[10].

Source URL: https://investorplace.com/2011/10/tuesday-apple-rumors-sprint-iphone-4s-steve-jobs/

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