Apple’s CEO Tim Cook is in China and is said to meet with partners and government officials. This is Cook’s second visit to the country in less than a year. Yes, China is Apple’s fastest-growing market today.
The iPhone 5 and iPad maker opened several retail stores in China just last year. Last December, the iphone 5 was launched in China and is said to have sold 2 Million iPhone 5 units in just three days. To date, this is Apple’s best-ever smartphone launch in China.
Unfortunately, despite of the phone’s sales success in the country, analysts are still saying that Apple’s longer-term outlook in the market may change as they plan to expand their partnership to possibly include China Mobile Ltd (China’s largest telecoms carrier).
“Tim is in Beijing meeting with government officials and partners. China is an important market for us and we look forward to continued customer excitement and growth here” this is according to Carolyn Wu (Apple’s China spokeswoman).
Sadly, she declined to say whether or not the company’s CEO would be sitting down with China Mobile Ltd’s execs.
Today, the iPhone 5 is sold through Apple’s seven stores, resellers, China Unicom, and China Telecom.
It seems like Apple’s deal with China Mobile Ltd is crucial for Apple as they vie to improve their distribution in a market of 290 million subscribers. Apple has been talking with China Mobile Ltd’s executives for about four years now.
Apple and China Mobil Ltd said that they were separated only by a technical issue as the carrier runs under a different network (3G). But the said issue evolved to a bigger and complex problem pertaining to revenue-sharing.
Cook met with Miao Wei (China’s Minister of Industry and Information Technology) last Tuesday. The two discussed the development of the smartphone industry and innovation trends in China.
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