Is an Apple Deal With China Mobile Coming Next Month?
The much-discussed deal between tech giants Apple and China Mobile could be the single largest near-term-growth driver for Apple.
The deal has been reportedly in the works for some time now, but to no avail. But a widely expected move from China Mobile next month has Apple observers once again thinking a deal could be coming soon.
Apple, meet China Mobile
According to reports, there have been multiple issues that have kept a deal between Apple and China Mobile from materializing.
For one, China Mobile reportedly wanted some kind of revenue-sharing agreement with Apple from app-store sales, an accommodation Apple has never made with any of its telecom partners.
Network standards have also kept Apple and China Mobile from linking up as well. Although Apple has been granted a license to operate on China Mobile by the Chinese government, the company's rollout of its 4G network still isn't fully complete. All that could change next month though.
In the video below, Motley Fool contributor Andrew Tonner looks at the possible news and what it could mean for Apple investors.
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The article Is an Apple Deal With China Mobile Coming Next Month? 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 Apple. The Motley Fool owns shares of Apple and China Mobile. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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