It looks like it won’t be long until China Mobile
starts selling Apple’s iPhone in
China. According to a China Mobile spokesperson:
“Apple is no longer insisting on a revenue-sharing policy, so the biggest hurdle for China Mobile to bring in the iPhone has been cleared.”
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Tony,–not mentioned in your report is how does AAPL benefit? Are their earnings diluted significantly by the revenue sharing agreement? How does this deal compare with those they have in other countries. Is this encouraging enough
to buy more APPLE shares?