Before our markets open. Apple has signed a Letter of Intent with China Mobile. The Chinese government wants increased mobile competition by February 2013. Pretty soon. However, AAPL will not be the only player. Good luck to all.
I doubt it happens today, and I doubt it happens between now and earnings. Gut says the get it finalized and announcement comes around March/April.
Apple doesn't need to quell anything regarding stock price. That will get done prior to earnings. Earnings will correct whatever failings WS has.
China mobile is 100% guaranteed anyways. Sure an announcment makes it official, but your pretty dense if you don't have that penciled into the stock performance over next 24 months.
So binny that's a nice sentiment but without sources your post is no more credible than the bashers' claims that Apple is being expelled from China. We need to help each other with facts, not wishful thoughts. If you have a source, please post it. I hope you're right but if this is just your hunch, and I suspect it is, then you are doing all honest posters a disservice.
Source Dow Jones The Confidentiality Agreement was part of the Letter of Intent. Okay?
Apple Inc. (AAPL) Chief Executive Tim Cook and China Mobile Ltd. (0941.HK) Chairman Xi Guohua talked cooperation Thursday, China Mobile told Dow Jones Newswires Thursday.
China Mobile refused to disclose details of the discussions because of a confidentiality agreement. Apple's Beijing spokeswoman couldn't immediately be reached for comment.
The meeting at the Chinese carrier's Beijing headquarters will raise hopes the two companies are close to a deal that will allow the telecoms provider to sell its customers the iPhone.
China is a big market for Apple where its products are seen as aspirational by a growing middle class. Apple's China sales were $5.7 billion for the fiscal quarter through September--roughly 16% of the company's world-wide total.
iPhone 5 sales in China topped 2 million units over the weekend of its launch Dec. 14, Apple said recently.
China Mobile is the world's largest carrier by subscribers but any deal for it to offer the iPhone will likely come after it introduces next-generation wireless services. Analysts say Apple could offer a version that runs on China Mobile's homegrown technology standard, TD-SCDMA. The carrier has been testing its TD-LTE fourth-generation network in some cities.
The iPhone has been available in China since 2009 from China Unicom (Hong Kong) Ltd.
Read more: http://www.foxbusiness.com/technology/2013/01/10/china-mobile-chairman-xi-apple-ceo-discuss-cooperation/#ixzz2HcAjM4GH