“On July 7, the financial news world was rocked after leaked information regarding an Apple-China Mobile partnership possibility,” Invest Chief writes for Seeking Alpha. “The deal consists of China Mobile offering the iPhone to its customers. This is huge considering that China Mobile is the largest wireless carrier in the world with over 611 million subscribers.”
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“Apple analyst, Brian White of Ticonderoga Securities confirms of a leaked photo by Chinese news provider Sohu.com of an iPhone with the China Mobile logo on it,” Invest Chief writes. “The analysts predicts China Mobile to begin selling the iPhone in September of this year. Ticonderoga Securities believes this deal could provide Apple with $70 billion in revenue considering that the smartphone market in China represents a 100-125 million subscriber opportunity.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
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