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Technology Stocks : Apple Tankwatch
AAPL 271.01-0.3%Jan 2 9:30 AM EST
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To: zax who wrote (15540)1/20/2012 9:17:04 AM
From: rnsmth   of 32692
 
Analysts have estimated that a partnership with China Telecom could open up a revenue opportunity of as much as $9 billion for Apple. Even as the smallest carrier in China, the company had 123.4 million mobile customers as of the end of November, with roughly 33.4 million subscribers to its 3G services.

Earlier reports had suggested that China Unicom would remain China's exclusive iPhone provider until at least Chinese New Year, which takes place on Jan. 23 this year. After channel checks with "value chain suppliers," one analyst suggested last year that China Telecom wouldn't receive the iPhone until February or March 2012 at the earliest.

The arrival of the iPhone on China Telecom would leave China Mobile, the world's largest wireless carrier with 650 million customers at the end of 2011, as the only operator in China without Apple's best-selling handset. China Mobile executives have suggested that Apple and the company are working on a deal to release a 4G TD-LTE-compatible iPhone in the future, but the carrier's TD-LTE network is still undergoing testing. Even without official support or 3G service for the iPhone, more than 10 million customers use the smartphone on their network.

appleinsider.com

Next up: China Mobile
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