Rumor: China Mobile To Subsidize Apple’s iPhone
China Mobile (NYSE: CHL, 941.HK) and Apple (Nasdaq: AAPL) have decided to rely upon handset subsidies to bring Apple’s iPhone to China, reports China Communications quoting an insider close to China Mobile. The would-be mobile partners are nearing the end of talks that aim to avoid passing on the relatively high price of iPhones to Chinese consumers by having Mobile subsidize the phones, said the insider. The new plan is intended to replace revenue sharing models that left earlier talks at a stalemate. China Mobile president Wang Jianzhou initially revealed iPhone negotiations in November, 2007.
via http://www.pacificepoch.com/newsstories?id=130848_0_5_0_M
Labels: 3G iPhone
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