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November 10, 2012

Analyst: The Agreement With China Mobile Able To Boost Apple Shares To $45

(GSM Insider) - At the moment, Apple only set up agreement with both China Telecom and China Unicom on releasing the iPhone 5 in Chinese Market. But do you think Apple will satisfied? Definitely not. This is because China Telecom and China Unicom are not its final target.


It is the agreement with China Mobile that Apple wants the most. This is because China Mobile is the world's largest telecommunication carrier with the most subscribers.

The launch date of iPhone 5 for both China Unicom and China Telecom already confirmed between end of November and beginning of December as we reported yesterday. This will definitely bring improvement on the financial performance for Q1 2013. 

According to analyst Amit Daryanani, if Apple successfully struck a deal with China Mobile on the iPhone 5, it will definitely bring the company into new high. Just imagine there are more than 699 million subscribers on China Mobile alone. He also predicted that the deal could completed as early as before the Chinese New Year. He concluded that the agreement will boost the shares of Apple to USD $45 later. 

It is interesting to see how the negotiations between both parties going in. If the deal successfully agreed, then the iPhone 5 for China will compatible with the TD-SCDMA and TD-LTE of China Mobile. 

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