If China Mobile subsidizes 100% of iPhone like it does for Samsung? This news is not yet available.thus, the muted reaction.
This becomes a runaway train
Great kamikazie strike to Naked call sellers! This would be a huge move on behalf of all longs if this occured. Cook is cagey. This could happen but I doubt it.
Either day, the stock price will move one way or the other. Be here, the afternoon of the 17th for suggestions to play DEC monthly option expiration.
Every coin has two sides...The wrong deal can cause a pullback but the price will be higher from here if that occurs.
Be here the afternoon of DEC 17th for an open discussion...
Christmas is a week away then...
Price should be much higher so no need to talk now. I like discussing real numbers.
1. Last quarter, sales from China beat expectation.
2. AAPL presently enjoys 14% of smart phone market in Chins.
3. Presently, 3 out of 4 new smart phones being bought in China are the iPhone.
4. China Mobile last quarter earning were bad. They need AAPL.
5. 50% crossover from Samsung to AAPL .. Survey if recent iPhone buyers.. Key word being recent
Hold your stock until afternoon of DEC 17th.. With expiring DEC monthly options on DEC 21 this is a very easy play
If China Mobile gives AAPL the same 100% Rebate as Samsung; this stick can fly $60+ on DEC 18.
Presently, AAPL enjoys a 14% of China market w/o China Mobile.
People here who post the iPhone is too expensive are not dealing with facts and real numbers.