China Unicom Buys 5 Million iPhones – Jobs Buys The Moon With Profit

china-unicom-buysmillion-iphones-from-apple

A story in International Business Times states that China Unicom has closed on a deal as the exclusive distributor in China for the iPhone. China Unicom begins selling the phone in September. As written in an earlier story, Apple’s has been one of the most profitable handset manufactures despite the fact the iPhone has been on sale since 2007.

Estimated put Apple’s profit from each sale to China Uicom of about 1,100 yuan (US$161). This makes Mr. Jobs pretty darn happy realizing a profit of approximately $805,000,000, which is not a bad deal.

Smugglers of iPhones have been selling the device in China already for quite some time. Prices vary from 400 yuan ($59) for 16GB to 1000 yuan ($146) for 32GB, which is much lower than the average price of 2000 yuan ($293) for 16GB to 3000 yuan ($439) 32 GB of legal ones.

The value of shares traded in China on July 29 surpassed the combined amount in the U.S., U.K. and Japan for the first time on record. China’s economy has slowed but has quite followed the United States and Europe into a recession. China Unicom estimates a windfall of profits at about 40 percent with the addition of the iPhone. Question is, are people going to pay for the legal version or save their money and get the smuggled version.

[via International Business Times]

Dell’s Android Touchscreen Smartphone Headed To China

dell-benzine

Code named Benzine, the name is the note same name purported OPhone reported by AnrdoidGuys. In their article they speak of 16:9 aspect ratio. But the two phones do not look to be the same in any way although it is reported that his handset is one it’s way to China.

dell_rumored_phone

The specs have been leaked but the are not confirmed:

* Quad-band GSM/GPRS/EDGE class 12
* Size: 68.6cc
* 103g grams weight
* Dimensions: 58 x 122 x 11.7mm
* Display: 3.5 HD 640×360 LCD, 18-bit, 262K colors
* OTA capable
* Microsoft (NSDQ: MSFT) Exchange support
* Google (NSDQ: GOOG), AIM, Yahoo and MSN IM support
* 3 megapixel auto-focus, flash, 8x digital zoom camera with 30fps video shooting mode, built in photo editor
* USB 2.0, Bluetooth 2.0 + EDR
* A-GPS
* On-screen QWERTY keyboard, handwriting recognition, multi touch UI
* MicroSD slot

iProfit: The iPhone Money Making Machine

Profits

While other manufactures have been around making cell phones much longer than the big Macintosh on 1 Infinite Loop which has only been in this game a short time, it is truly stunning to see profit numbers of a young company such as Apple.

By convincing then AT&T (Cingular before they were acquired) that Data was more profitable than voice and having a handset that no other carrier had, Apple was able to achieve an unheard of deal that no other manufacture could. Apple delivered a must-have device that brought customers to AT&T at higher rates and a sexy iPod/Phone/Internet  device which consumers had to have.

While Apple only account for only 8% of the cell phone industry revenue, it’s profit margin accounts for 32% of the total cell phone industry profit. Apple’s revenue stream is not the highest either. Several other manufactures like Samsung, Nokia, RIM and LG are bigger. But Apple’s profit margin of 40% is the highest of them all. The second closest is short by almost half with an operating margin of 20.7%, RIM comes in at second place.

The iPhone has done what no other phone could up until now; Apple wrestled the power away from the carriers and gave it to manufacturers, developers, and consumers.

[via ismashphone]

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