Cricket Wireless selling iPhone 5 seems not popular.
Sales of iPhone 5 with Cricket Wireless is not that high as it is expected by the carrier. The smartphone sales at $500, however there is no agreement involved for this.
iPhone 5 has raised high expectations when it comes to sales. But so far, Leap Wireless is not convinced by this. For now, a prediction of $100 million worth of unsold stock is presented come this summer. On a previous 10-SEC filing, the carrier is anticipated to sell about half of its expected devices.
In 2012, the carrier signed a pledge with the iPhone maker, Apple Inc. for three years. Last month, Cricket begun marketing its smartphones. As included in the contract, Leap will have to acquire a lot of Apple phones even if they do not sell them.
Moreover, Leap justifies that with the existing rate of their purchase, the company is projecting that they will buy roughly one-half of their first-year minimum purchase commitment until June of next year. He further added that if Apple will be requiring Leap to meet the yearly minimum commitment in each of the contracted three years, then their estimations would be to require a purchase of roughly $100 million of added iPhones in the middle of 2013.
The probable choices comprise of financing or leasing programs, wherein it would spread out the payments over a monthly-basis payment.
The company also considers to lower the iPhone 5 price.
Samsung Electronics publicly stated that its effort to break the tablet market has greatly been a fail, along with one executive presenting a sobering report about its performance at at Mobile World Congress held in Barcelona, Spain.
“Honestly, we’re not doing very well in the tablet market,” according to Hankil Yoon, Samsung product strategy executive.
That is about as frank an announcement as it gets coming from any executive at the Mobile World Congress trade exhibition this week.
Samsung has not met targets in its tablet pc business is not a big surprise; Samsung lags well behind the leading Apple’s iPad and perhaps Amazon’s Kindle Fire within the U.S. market. However for an executive to accept the weak point is stimulating at the same time when corporate-speak and terminology-dominated conversations.
Not like Apple and other tablet manufacturers, the South Korea-based company has attempted a shotgun strategy at pushing its Galaxy Tab line of tablet pc’s. At first offering a 7-inch version, it increased to 10-inch version and completed the remainder of the collection with various sizes in between.
The company, on the other hand, seems to stay positive that the Galaxy Note will give a positive push. The 5-inch version, which happens to be currently available, have been a target of massive criticism, mostly because of its size. Although it acts as a phone, it appears more like mainly a tablet and smartphone, some even call it “phablet.”
Hankil Yoon stated he expects to dispatch 10 million items of the 5-inch version Galaxy Note, high expectations for a company that is strugling in the tablet market. He stays positive that the the stylus which they call the “S-Pen” that comes with the Galaxy note–allows customers to create content easier, instead of consuming it.