Apple announces deal with China Mobile
Apple and China Mobile also did not reveal the terms of their agreement. The Apple iPhone 5s and Apple iPhone 5c can now be purchased by the 763 million China Mobile subscribers, the vast majority of whom are rockin' a 2G signal. But with 4G LTE service now available, China Mobile could see plenty of upgrades in the coming year and Apple could be the beneficiary.
In the past, Apple could not offer the iPhone to China Mobile customers because of the carrier's proprietary 3G TD-SCDMA network. But now, the Cupertino based tech titan could be on the verge of selling as many as 15 million iPhones to China Mobile customers over the next year, according to Sanford C. Bernstein & Co. analyst Toni Sacconaghi.
source: AP, WSJ