Apple's Game-Changing China Mobile Deal Could Be Just Around the Corner
At risk of sounding like a broken record, investors got perhaps their most convincing evidence to date that the long-awaited deal between giants Apple and China Mobile is growing closer by the day.
Investors have been abuzz, and Apple's stock has been rallying, after word broke from supposed inside sources that China Mobile would announce a deal with Apple as early as Dec. 18, the date China Mobile plans to unveil its new 4G network.
Best evidence yet
Recently, a China Mobile page in the southern city of Suzhou surfaced that allowed users in the city to schedule an "appointment" or place in line to eventually purchase an Apple iPhone. And while this is still far short of an official announcement of the Apple-China Mobile deal, this is also by far the most concrete evidence to date that Apple's iPhone will be coming to the world's largest telecom provider, and hopefully soon.
In the following video, tech and telecom analyst Andrew Tonner looks at the most recent news regarding this multibillion-dollar deal and what it could mean for Apple and its investors.
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The article Apple's Game-Changing China Mobile Deal Could Be Just Around the Corner originally appeared on Fool.com.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Amazon.com, Apple, Facebook, and Google and owns shares of Amazon.com, Apple, China Mobile, Facebook, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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