Japan's KDDI to sell new iPhone in Japan

Oct 05, 2011
Apple's Senior Vice President of Worldwide product marketing Phil Schiller introduces the new iPhone 4S at the company headquarters October 4, 2011 in Cupertino, California. Apple confirmed Wednesday that Japan's second largest mobile carrier KDDI would sell its latest iPhone in the country, ending rival Softbank's exclusive hold on the popular smartphone.

Apple confirmed Wednesday that Japan's second largest mobile carrier KDDI would sell its latest iPhone in the country, ending rival Softbank's exclusive hold on the popular smartphone.

Apple, which unveiled an updated version of the in the United States on Tuesday, said on its Japanese unit's website that KDDI phone stores as well as Softbank outlets will start selling the new model on October 14.

It is the same launch day for the United States, Australia, Canada, France, Germany, and Britain.

Softbank, Japan's third-largest mobile carrier by subscribers, has enjoyed a monopoly on the hugely popular and as Apple's only carrier in Japan since the popular phone was released in the country in 2008.

Softbank shares were down 0.33 percent to trade at 2,412 yen Wednesday morning.

The price was still up from their close of 2,282 yen on September 22 when they dived more than 12 percent after a press report that KDDI has snagged the rights to sell Apple's new iPhone.

KDDI shares lost 0.71 percent to 554,000 yen against 624,000 on September 22.

Apple shares slipped on Wall Street Tuesday as it unveiled the new iPhone 4 but not the transformative new model many had been expecting.

The iPhone 4S features a speedier processor, a built-in "personal assistant" that responds to and a more powerful camera, but it was not the revamped next-generation iPhone 5 many Apple fans had hoped for.

Explore further: BlackBerry sets new phone launch in revival bid

add to favorites email to friend print save as pdf

Related Stories

Report says Sprint to get iPhone in October

Aug 23, 2011

(AP) -- Sprint Nextel Corp., the country's third-largest cellphone company, will start selling the iPhone in mid-October, The Wall Street Journal said Tuesday.

Softbank reports robust earnings on smartphones

May 09, 2011

(AP) -- Softbank Corp., the only Japanese mobile carrier offering the hit iPhone, said annual profit nearly doubled despite suffering damage from the March 11 quake and tsunami that battered northeastern ...

Recommended for you

Samsung may launch first Tizen phone in India

Sep 22, 2014

Samsung Electronics Co., which faces a slowdown in emerging market smartphone sales, will release its long-delayed Tizen-powered handset in India before the end of this year, a report said Monday.

Microsoft delays launch of Xbox in China

Sep 22, 2014

Microsoft, which was due to launch the Xbox One in China on Tuesday, has said it will put back the "historic" event to later this year, slowing what was billed as the first game console to enter the market ...

User comments : 0