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
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 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!