Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?



Apple Possibly Nearing Deal with China’s Largest Network Provider

  +Follow July 31, 2013 1:10PM
Tickers Mentioned:

Apple Inc. (AAPL) CEO Tim Cook met on July 30 with the head of China Mobile Ltd. (CHL) , China’s largest mobile carrier, and by subscription numbers, the largest carrier in the world. Apple has so far failed to realize their potential in China, and is currently only the fifth largest cell maker there.

A major reason Apple has lagged so far in the world’s largest emerging market is that the tech company has failed to get China Mobile to carry iPads or iPhones. Mobile in China is growing at an exponential rate, and analysts expect the market there to triple to $30 billion by 2015.

While Apple still comfortably dominates much of the world, they get absolutely crushed in China. On July 26, analytic firm Strategy Analytics declared that Apple, for the first time since 2007, was no longer the world’s most profitable cell phone maker, losing out to South Korean rival Samsung. Samsung has 19 percent of the Chinese smartphone market, compared to Apple’s 9 percent.

China Mobile has so far held out on a deal with Apple for a couple of reasons. One, China Mobile has their own homegrown network that is not compatible with Apple. And two, China Mobile is reticent to offer the subsidies so common with iPhones when users sign contracts, subsidies Apple tends to insist carriers provide.

Despite these issues, Cook’s meeting with China Mobile Chairman Xi Guohua in Beijing illustrates that both parties are keen on finding a compromise. China Mobile is looking to upgrade their network, and it would signal an opportune time to make the network compatible with Apple.

That network – TD-SCDMA – is inferior to other major Chinese telecom technology, and China Mobile would like to upgrade it to compete with the other major Chinese telecom companies China Unicom and China Telecom. Both of those companies currently support Apple. The Chinese government will be issuing 4G licenses to Chinese telecom companies later this year.

Apple’s stock is down .48 percent to hit $451.14 a share, although it has rebounded nicely following a healthy earnings report on July 23, and is up over 7 percent since that date.

[Image via Flickr]

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Signup for our daily newsletter and get our best articles emailed right to you!

Results for aapl
Mike Walson
7 Jul 15 10:24:27
Hello, it is John. I just finished http://t.co/XhMjG8F5Vf #financial #bonds $AAPL $IBM $DD� http://t.co/RMdzt5nKi1
David Ciani
7 Jul 15 10:24:14
An iPad Pro would definitely be an intriguing proposition. You never know what #Apple is going to do next… $AAPL http://t.co/57vexGZ6Sk
Elliottwave Forecast
7 Jul 15 10:23:37
$AAPL The Monthly cycle have not ended yet and can see 154.00 later ,but correction first .#elliottwave
Steven Agri
7 Jul 15 10:23:21
Greece set to default on the July 20th. Wait for the markets to tumble then buy buy buy! $AAPL earnings on the 22nd :)
7 Jul 15 10:23:14
$HPQ puts and #shorts #pcgaming - PC market in bad shape and Europe/China demand story dissolving fast. $SPY $QQQ $QCOM $INTC $MSFT $AAPL
7 Jul 15 10:23:02
$AAPL 20150717 Block Trade: 1547 trade. ~$19.2 MM notional value.
ErikSouverein (ing.)
7 Jul 15 10:22:19
RT @GEQSense: K Hen's Toolkit for ramping: 1. Sell VIX Futures 2. Sell VIX Calls 3. Ramp $AAPL 4. Break BATS exch 5. Ramp $EURJPY
Elliottwave Forecast
7 Jul 15 10:22:07
$AAPL This is a correction on the Instrument and can be only the first leg ,can see 120.11 then 128.00 and then 112.00 #elliottwave
Elliottwave Forecast
7 Jul 15 10:20:51
$AAPL Still same target to downside 120.11 area when the cycle from 136.18 should end the declined is corrected .#elliottwave
7 Jul 15 10:20:29
Abriendo 15 largos de $AAPL a 125USD con un PT en 157.197 y con un SL en 112.121 IDOP269536 vía @TTtra... http://t.co/fPU0M6I7Mo
7 Jul 15 10:19:35
Abriendo 15 largos de $AAPL a 125.03USD con un PT en 157.277 y con un SL en 112.231 IDOP269532 vía @TT... http://t.co/TuVq9ZAKyC
Apple News Outlet
7 Jul 15 10:18:53
RT @Benzinga: Apple Could Be Selling More iPhones To Seniors; Now Should It Ditch The Home Button? $AAPL http://t.co/CzZIKXoBtz
IH News Desk
7 Jul 15 10:17:38
$SGYP Reviews Updated Tuesday, July 7, 2015 1:11:44 PM $ZIOP $AAPL $T $BRCM http://t.co/gLkuAAxEmO
7 Jul 15 10:17:20
$AAPL 125 C will be our 6 th winning pick of the week
7 Jul 15 10:16:07
$AAPL was just at 123.77 about 35mins ago....crazy
Russell Barbour
7 Jul 15 10:16:04
http://t.co/Rc2WKdyqgv <-- CHOOSE FREEDOM FROM PUMP-AND-DUMP SCAMS! Article on my blog $GPRO $AMBA $TUBE $HALO $AAPL
7 Jul 15 10:15:33
Bear #market rips are the strongest. $spy $aapl $vix $uvxy $baba #fed #bubble #rigged #hft #qe4?
Tyler B
7 Jul 15 10:15:32
RT @GEQSense: K Hen's Toolkit for ramping: 1. Sell VIX Futures 2. Sell VIX Calls 3. Ramp $AAPL 4. Break BATS exch 5. Ramp $EURJPY
7 Jul 15 10:14:19
$AAPL moving towards green. https://t.co/4k8rKzTThc
Breaking News
7 Jul 15 10:14:07
$AAPL: Apple Inc. (AAPL) and Google Inc (GOOG) Should Focus on Security ...: http://t.co/hpE4LV8lOC
Financial Iceberg
7 Jul 15 10:12:10
APPLE - Fibonacci Technicals Levels - LAST Intraday Update - $AAPL #aapl #Trading http://t.co/vPUqV0LDOz
Breaking News
7 Jul 15 10:12:02
$GRPN $KMX $AAPL $GOOGL: Trouble Selling Grandma's Cars Led to $1 Billion Startup: http://t.co/Qs2oJZQDVu
Stocks On High Alert
7 Jul 15 10:11:39
GOT #pennystocks? #WallStreet #OTCBB #stocks $NWAV $BRNE $AAPL JOIN 📧 ALERTS http://t.co/ZNomMBVPjs @BIGMONEYMIKE6 http://t.co/swU3ab50zX
7 Jul 15 10:10:28
What Can Cablevision Do To Navigate Challenges? http://t.co/cJ3FS7QwKK … $AAPL #APPLE $AMZN $ATCEY $CHTR $CMCSA $NFLX $SNE $TWC $CVC
Chris Rockwell
7 Jul 15 10:09:33
@selling_theta wait. for months you said $AAPL and banks lead the market...and energy/transports who cares?! Banks and Apple down.
7 Jul 15 10:09:04
Commented on StockTwits: Puts???? $AAPL to. $145 this month http://t.co/uBdY8opLGx
7 Jul 15 10:06:46
Trade -- $AAPL : Enter Long at 124.75, Date = 7/7/2015, Time = 13:6:42:0
7 Jul 15 10:05:53
Sorry, I was busy, what caused this intraday reversal? Did $AAPL buy Greece?
Lee Garcia
7 Jul 15 10:05:24
Apple $AAPL in the red once again, down 0.96% to $124.78
7 Jul 15 10:05:13
$AAPL It's all about China imo. Greece is just a tragic soundbite. Money is flowing out 'cos Hedgies getting reamed in China.
7 Jul 15 10:03:16
RT @Sourcingstocks: Keep shorting $AAPL ($124.90) if you want to ride the market down - #NASDAQ, #sourcingstocks http://t.co/c2Bn5Zo6QX
Slice Intelligence
7 Jul 15 10:02:48
RT @frankmottek: #AppleWatch sales down 90% since debut week according to @SliceIntel #Apple @KNX1070 $AAPL
jaimee minney
7 Jul 15 10:02:48
RT @frankmottek: #AppleWatch sales down 90% since debut week according to @SliceIntel #Apple @KNX1070 $AAPL
7 Jul 15 10:01:55
@lalaruza74 I see more $AAPL Watches in the wild daily, and the next version will sell 3-5X+ the first one.
AAPL Stock Alerts
7 Jul 15 10:00:02
'Dumping Apple Makes Sense For Immediate Growth' - Or Does It? http://t.co/Fr9mg5OkG9 $AAPL $T
Roman Serrano
7 Jul 15 09:59:25
Compra Límite de 1000 Acciones a 124 en $AAPL con un PT en 160 vía @TTtradertwit... http://t.co/n6FJJ32Aqj
7 Jul 15 09:59:03
$AAPL: First HomeKit Thermostat Available In Apple Stores Now &#8211; WT VOX: http://t.co/fCiGlVAP09
7 Jul 15 09:58:33
$AAPL if it close above YL & YC we could see scale out target 38.2% #Dailychart #Fibonacci http://t.co/S6uZh0YAeL
7 Jul 15 09:58:14
$AAPL is down 7.2% from its highs which is 134.54....$STUDY
7 Jul 15 09:57:44
Interactive Chart -> http://t.co/X5WInm0iGp $AAPL Revenue is Growing. http://t.co/eLKYl3vsRg http://t.co/XG5hVG1h9O
7 Jul 15 09:57:41
$AAPL not much happening until after earnings are out on 07/21. Avoid for now. http://t.co/XG5hVG1h9O
Long-Short Hedgie
7 Jul 15 09:57:41
#Took #Profit Jul 125 Puts $AAPL (#Remaining 1/2 #Position)....+325%
Anthony DePaola
7 Jul 15 09:57:00
RT @Benzinga: Apple Could Be Selling More iPhones To Seniors; Now Should It Ditch The Home Button? $AAPL http://t.co/CzZIKXoBtz
7 Jul 15 09:56:35
Standalone ‘Showtime' streaming service debuts on Apple TV for $10.99… http://t.co/Z4ygHEmaN8 #iDownloadBlog $AAPL http://t.co/AGRvLCPQsq
Gavin Martinsson
7 Jul 15 09:55:28
$AAPL $1 bounce.
Quantpost Cnsmr Good
7 Jul 15 09:55:15
$AAPL News: "Apple Could Be Selling More iPhones To Seniors; Now Should It Ditch…" http://t.co/uY7qlu6cn4 Analyze: https://t.co/UCDJI8EMAL
Quantpost $AAPL
7 Jul 15 09:55:15
$AAPL News: "Apple Could Be Selling More iPhones To Seniors; Now Should It Ditch…" http://t.co/aGwNuxSHm1 Analyze: https://t.co/D07jFjNwXr
7 Jul 15 09:55:14
Apple Could Be Selling More iPhones To Seniors; Now Should It Ditch The Home Button? $AAPL http://t.co/CzZIKXoBtz
Capital Market Labs
7 Jul 15 09:54:43
Interactive Chart -> http://t.co/kasx6DBKa3 $AAPL Revenue is Growing. http://t.co/JtDlAPLx7C
TV_Trading Ideas
7 Jul 15 09:54:27
the AAPL $AAPL http://t.co/IWCurB5Vwk
  +Follow July 31, 2013 1:10PM



blog comments powered by Disqus


 Today's Must Reads

Microsegmentation: The Future of Cybersecurity?

How this Playboy Playmate Became a Better Stock Trader Than You

Long Term Rates Are On The Up…What’s Next?

The Modern Web: So Many Ways to Invest in Wireless Mobile Stocks

It's Time for the Rest of the Country to Legalize Weed


Do you expect a 10% correction by the end of 2015? in Equities.com Polls on LockerDome

About us

Equities.com is an advanced financial data portal and social network designed to connect self-directed investors with the world’s most innovative startup and small cap companies. Through our in-depth coverage of small cap markets, comprehensive research and stock valuation reports, state of the art issuer products, and world class events, Equities.com provides the social tools and insight that drive tomorrow’s investment relationships and opportunities.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.

Login or Register