Philip Elmer-DeWitt reports for Fortune, “Brian White, Ticonderoga Securities’ chief Apple analyst, has a boilerplate sentence stored on his computer that goes like this: ‘”We believe the ramp of the mobile Internet in China will be one of the great wonders of the tech world over the next decade and the country has clearly caught “Apple fever” that we believe will only accelerate as the company expands it carrier base to include both China Mobile and China Telecom.'”
P.E.D. reports, “White may be right about the significance of these reports over the next decade, but it’s too soon for Apple investors to start counting those hundreds of million subscribers.”
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