“China Mobile, the country’s largest handset operator, is in the final stages of talks with Apple to launch the iPhone in China, the world’s largest mobile phone market, state media reported Tuesday,” AFP reports.
“The two companies are likely to conclude the talks soon, the 21 Century Business Herald reported, citing unnamed sources,” AFP reports.
China Mobile “had 608.4 million mobile users at the end of July,” AFP reports.
Full article here.
[Thanks to MacDailyNews Reader "Mike in Helsinki" for the heads up.]
MacDailyNews Note: Apple’s current Total Addressable Market (TAM) is currently around 660 million, so a deal with China Mobile would roughly double the Apple’s iPhones’ TAM to around 1.27 billion.
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