iPhone Heading To China?
It should be easy to make incredible sales numbers in China, especially with the rapidly growing middle-class in China. Perhaps brisk iPhone sales might even encourage Apple to open up stores on the mainland where currently several local players are selling imported Apple products at a severe markup.
“China Mobile Ltd. is in talks with Apple Inc. about bringing the iPhone to China, but no agreement has been reached yet, the telecom's chief executive said Tuesday.
The companies still need to iron out their differences over revenue sharing, Wang Jianzhou told reporters on the sidelines of the GSMA Mobile Asia Congress in the Chinese territory of Macau.”
Perhaps the nicest part about the deal is that exclusivity won't be a major issue since the government owns all telecom assets. It will matter little to most local consumers whether China Unicom or China Mobile ends up with the contract.