Monday, December 23, 2013

A Big Deal for Apple


Apple and China Mobile have officially inked a multi-year deal that will bring the iPhone to China's largest telecom and provide a distribution and volume boost for months to come.

Analysts have estimated that China Mobile will enable Apple to sell anywhere from 15 million to about 20 million more iPhones. Specifically, Apple said that it will sell the iPhone 5s and 5c on China Mobile beginning Jan. 17.

China Mobile, which has 760 million customers, is rolling out 4G and expects to have 16 cities covered by the end of 2013. China Mobile will have 340 cities covered by 4G by the end of 2014. These 4G networks are based on China's own version of LTE. Apple will give that 4G standard a boost as well as support China's 3G flavors.

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