Apple Inc. (AAPL): Perhaps China Mobile Ltd. (ADR) (CHL) Does Not Need The iPhone

At the same time, just because China Mobile may not feel like it needs the iPhone anymore doesn’t mean it won’t benefit from pairing with Apple Inc. (NASDAQ:AAPL). If anything, China Mobile now has another bargaining chip at the negotiating table.

Investors are expecting Apple Inc. (NASDAQ:AAPL) to release an affordable iPhone that’s compatible with China Mobile’s network this year. An affordable iPhone would help China Mobile strengthen its momentum even more.

The article Maybe China Mobile Doesn’t Need Apple’s iPhone After All originally appeared on Fool.com.

Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and China Mobile.

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