iPhone sale in China authorised through deal

Apple penned into a deal with the Chinese mobile carrier, China Mobile, allowing it to largely distribute the iPhones 5S and 5C in China. The deal signed on Sunday saw the largest mobile carrier in the world begin strong ties with the largest cell phone manufacturer in the world, which is always a good thing. Before the deal was executed, analysts began to give their word, and the most popular came in from analysts at Cantor Fitzergald. Estimates claimed that 35 to 40 million iPhones were already in use, and an extra 24 to 30 million could be sold to China Mobile in the first year! This will allow Apple to really break into the Chinese market, and permeate further into Asia from there. This will mean closer ties with countries in Asia, especially ones such as Singapore, being one of the largest Apple product using country in Asia. This will also be a boost in reputation for Apple, with a financially large country such as Singapore itself on the charts of sales.

http://www.itp.net/593687-apple-plans-bigger-iphones-budget-models-report#.UrgaFmQW1wo

Source(s):

http://money.cnn.com/2013/12/22/technology/apple-china-mobile/index.html?iid=SF_BN_Lead