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Technology Stocks : Apple Inc.

AAPL 278.12

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Feb 6 9:30 AM EST

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From: Moonray	2/20/2014 2:09:52 PM
	1 Recommendation Read Replies (1) of 213185

How Apple's iPhone Is Already Helping China Mobile NEW YORK ( TheStreet) -- Fear not Apple ( AAPL) fans. It looks like the iPhone launch for China Mobile ( CHL) is already playing out better than anyone expected at the world's largest carrier. In a research note, Cantor Fitzgerald analyst Brian White, he of the $777 Apple price target, noted that China Mobile added 14.24 million 3G subscribers in January, taking its total to 205.87 million, the fastest addition to its 3G subscriber base since August 2013. "As 2014 unfolds, we believe Apple's momentum with China Mobile will accelerate as the carrier rolls out its 4G TD-LTE network," he wrote. "Additionally, we expect Apple to unveil larger iPhones in 2014 (i.e., 4.7-inch and 5.5-inch versions), and we believe these devices will resonate well in China." More at: thestreet.com o~~~ O

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