Tim Cook China Mobile: Apple CEO Meets with China Mobile – Is a Deal Coming?

Page 1 of 2

Tim Cook holding chartTim Cook China Mobile: Yesterday, we brought you a news story discussing Apple Inc. (NASDAQ:AAPL)’s CEO Tim Cook and his visit with a China reseller. In this article, we discussed the possibility that he may be in China with the hope of hashing out a deal with the world’s largest wireless carrier, China Mobile.

It has been confirmed in an interview with Sina Tech that Cook did indeed meet with China Mobile officials.

Despite the fact that Cook confirmed that the meeting did happen, he declined to talk about the final result. As of now, there is no deal between Apple Inc. (NASDAQ:AAPL) and China Mobile although rumors have been flying around for quite some time.

What about China Mobile? Did they have anything to say about the meeting?

Here is a bit of information from CNBC:

Apple’s Chief Executive Tim Cook met with China Mobile’s Chairman Xi Guohua on Thursday to discuss “matters of cooperation,” a China Mobile spokesman said, raising hopes that a deal between the two tech giants may move forward.”

“No further details will be given due to a confidentiality agreement signed, the statement said.”

Although China Mobile is the largest carrier in the world, they have yet to strike a deal with the tech giant. This is despite the fact that two competitors in China – China Unicom and China Telecom – currently offer the iPhone.

Would a deal really make that much of a difference for Apple Inc. (NASDAQ:AAPL)? In short, the answer is yes. Here is a brief explanation of why from a recent AppleInsider article:

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!