Apple’s iPhone Deal with China Mobile Has Huge Profit Potential

Apple (AAPL) buys many of the components for its electronic devices from Chinese suppliers. Now, it plans to get more aggressive about selling those devices in the world’s largest cell phone market, which could substantially boost its earnings. Beijing’s Ministry of Industry and Information Technology has just announced that there are now 910 million mobile phone subscribers in China. Users of 3G networks rose to almost 74 million. The number of wireless subscribers in the world’s

Read More Here http://www.dailyfinance.com/2011/06/24/apple-iphone-deal-china-mobile-huge-profit-potential/

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