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

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“Analyst Amit Daryanani of RBC Capital Markets believes Apple could earn 13 percent of China Mobile’s 75.6 million high-speed 3G subscribers. That doesn’t include the nearly 700 million total subscribers the carrier has, some of which could switch to smartphone plans for the iPhone.”

“Daryanani predicted in November that a potential deal with China Mobile could add about $3 to Apple’s annual earnings per share, and $45 to the company’s stock price.”

“The number of 3G subscribers in China grew 88 percent year over year in 2012 to 222 million. China Mobile is the only major carrier in the country that does not have a deal for Apple’s iPhone, which market watchers believe has helped to stifle the carrier’s smartphone adoption rates.”

As you can see, if Apple Inc. (NASDAQ:AAPL) strikes a deal with China Mobile it will be a huge victory for the company.

What do you think will happen next? Is a deal coming in the near future?

Check back here for more updates on Tim Cook China Mobile.

DISCLOSURE: I have no positions in any stock mentioned.

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