Monday 23 December 2013

From Marketwatch;

"Apple strikes deal with China Mobile: WSJ

(This story was published by The Wall Street Journal Digital Network's AllThingsD site at http://allthingsd.com/)

After years of talks, Apple confirmed on Sunday that it has at long last reached a deal with China Mobile to officially carry the iPhone.

China Mobile will start selling the iPhone 5s and 5c starting on Jan. 17, with pre-orders starting this Wednesday.

"Apple's iPhone is very much loved by millions of customers around the world," China Mobile Chairman Xi Guohua said in a statement. "We know there are many China Mobile customers and potential new customers who are anxiously awaiting the incredible combination of iPhone on China Mobile's leading network. We are delighted that iPhone on China Mobile will support our 4G/TD-LTE and 3G/TD-SCDMA networks, providing customers with high-speed mobile service."

Apple Tim Cook said he is excited to begin working with China Mobile.

"China is an extremely important market for Apple and our partnership with China Mobile presents us the opportunity to bring iPhone to the customers of the world's largest network," Cook said. "iPhone customers in China are an enthusiastic and rapidly growing group, and we can't think of a better way to welcome in the Chinese New Year than getting an iPhone into the hands of every China Mobile customer who wants one."

Even before the China Mobile deal, Apple has been making some inroads in the giant market. According to Counterpoint Research, the iPhone 5s, 5 and 5c were October's number 1, 2 and 4 top-selling smartphones, with Apple grabbing 12 percent of that month's market share."
Seems this is a very big deal for Apple.

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