toggle

AAPL Stock: 101.94 ( + 2.18 )

Printed from http://www.macnn.com

Apple, China Mobile in last stages of iPhone talks?

updated 09:15 am EDT, Tue September 2, 2008

Apple, China Mobile ready?

Apple and China Mobile are in fact in the "final stages" of negotiations for brining the iPhone to China, writes the state-owned 21st Century Business Herald. The account follows a report from China Communications, which claimed similar progress in talks, and that China Mobile was ready to provide a hefty subsidy, similar to that provided in other countries. The assistance is particularly important in China, where the majority cannot afford an unsubsidized smartphone.

China Mobile's CEO is said to be cautious about revealing information. "[Apple CEO] Steve Jobs and I hope the iPhone will enter China as soon as possible," Wang Jianzhou told reporters today. "We are discussing this issue but we do not have an agreement." Jianzhou further explained that he is under a non-disclosure clause.

Forbes comments that reaching China may be extremely profitable for Apple, as while much of the region cannot afford a smartphone, China Mobile alone has 415 million cellular subscribers. At least a small portion of that number should be able to afford a subsidized iPhone.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Kenu Airframe +

Simple, stylish and effective, the Kenu Aiframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fr ...

toggle

Most Commented