Monday Apple Rumors: China iPhone Sales to Hit 35 Million

The spread of 3G service will speed sales even without a China Mobile deal

   

Monday Apple Rumors: China iPhone Sales to Hit 35 Million

daily apple rumors  300x180 Monday Apple Rumors: China iPhone Sales to Hit 35 MillionHere are your Apple rumors and AAPL news items for Monday.

Chinese iPhone Sales Could Hit 35 Million in 2013: A Deutsche Bank (NYSE:DB) analyst predicts that Apple‘s (NASDAQ:AAPL) iPhone sales in China will soar over the next two years, Apple Insider says. The company has long been anticipated to partner with China Mobile (NYSE:CHL), China’s largest cell-phone carrier. However, the analyst says Apple will benefit from the spread of 3G technology across Chinese cell networks and that it will sell as many as 25 million iPhones in China this year. He also said Apple could sell 35 million next year, even without a China Mobile deal.

Apple in Talks with EPIX: Apple is in negotiations with movie and TV-streaming service EPIX to deliver programming to its set-top Apple TV box and potentially to its new TV, Reuters reports. The current Apple TV set-top box already streams content from Netflix (NASDAQ:NFLX) and other streaming video providers. An unnamed source told Reuters that a deal with EPIX would deliver content to both the existing set-top box as well as to “upcoming devices that stream content,” fueling continued speculation that a new Apple-branded TV will debut later this year.

Israeli R&D Center Plans Move Forward: Apple will shortly kick off a major recruitment campaign to staff its new research and development facility under construction in Haifa, Israel, reports YNET News. In December, Apple purchased Anobit, an Israel-based flash memory manufacturer for $490 million. Dozens of new employees for the new R&D facility will join Anobit’s workforce for the time being, YNET said.

For more about the company, check out our previous Apple Rumors stories.


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/monday-apple-rumors-china-iphone-sales-to-hit-35-million/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.