Apple, China Mobile Top Dogs Meet to Discuss iPhone, iPad Sales
July 31, 2013 9:05 AM
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Apple CEO Tim Cook
(Source: Getty Images)
China Mobile could finally get the iPhone
reports that Apple CEO Tim Cook and the head of China Mobile, Xi Guohua, met Tuesday to discuss a cooperative agreement. China Mobile is the world's largest mobile carrier by subscriber number and is the only Chinese carrier that doesn't offer the iPhone or iPad to its customers.
Neither company offered any details on what the meeting was about, but the intent is obvious -- China is one of the biggest growth areas in the world for technology products such as smartphones and other devices.
Apple had previously announced that in the quarter spanning April to June, sales within Greater China decreased by 43% compared to the previous quarter. The Greater China area accounted for 13% of Apple's most recent quarterly sales compared to 19% for January through March.
Some analysts who follow the mobile industry within China point out that less than a fifth of China Mobile's customers are currently on 3G service. These analysts believe that China Mobile could gain high-end 3G users by striking a deal with Apple to carry the iPhone.
Chinese mobile internet market
is expected to roughly $30 billion by 2015, so it’s no surprise that Apple wants in on a piece of the action.
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RE: And I should care about this because ???
7/31/2013 6:02:10 PM
Apple was still
selling 3G phones a year ago, and making the most money in the smartphone market in the world while doing so.
So creating an iPhone, be it 3G only, solely for this market would make sense for Apple (and, really, for anyone).
"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton
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