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.”
- China Mobile adds 7 million new subscribers China Mobile, the largest mobile telephone company in the world, added 7.07 million new mobile phone customers in December. That...
- Profits at China Mobile rise 45% China Mobile is still booming. Subscriber growth, revenues, and profits were all better than Wall Street was expecting. That’s nothing...
- China Mobile drops $5 The Wall Street crowd thinks that the state-mandated consolidation of the fixed line and mobile phone industry will hurt China...
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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?