iPhone 5 coming to China Mobile second half of 2013 – Report

Thu, Dec 6, 2012


Now this would be a doozy. With literally hundreds of millions of subscribers, and quite easily the largest mobile carrier on the planet, China Mobile is undeniably a golden egg in any handset manufacturers efforts to stimulate tremendous growth.

Rumors of the iPhone 5 coming to China Mobile have persisted for some time, and indeed, the iPhone is already available on both China Telecom and China Unicom. Further, with the Chinese government recently authorizing the sale of the iPhone 5, all the pieces are in place for Apple to make a huge splash with China Mobile. Of course, Apple would have to tweak its hardware to make sure the iPhone runs on China Mobile’s proprietary network technology, but that’s really a small price to pay for all those new customers.

BGR reports:

According to Morgan Stanley’s Huberty, who is cited a number of times in the article, China Mobile will likely begin carrying the iPhone in the second half of 2013. If Apple’s older, low-priced iPhone models are picked up by China Mobile, Huberty thinks Apple stock will explode to as much as $980 a share.

Apple is currently trading at $547 a share, so a rise to $980 would provide quite a nice return for investors.


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