Tomahawk, WI 12/05/2013 (BasicsMedia) – Apple Inc. (NASDAQ:AAPL) has finally hit the jackpot in China in a deal with China Mobile (CHL). The Chinese telecoms operator is billed as the largest in the world in terms of subscriber base which numbers more than 760 million. This is about seven-times the number of Verizon Wireless which is the largest U.S. mobile carrier.

This deal means that Apple Inc. (NASDAQ:AAPL) that has been struggling to crack the Chinese smartphone market amid heightened opposition from Android manufacturers has received a big boost. The offering of iPhones on China Mobile network is expected to start later this month around Dec. 18, sources privy to the deal report.

That Apple Inc. (NASDAQ:AAPL) has scored a deal with China Mobile is a culmination of long running talks between the two companies. While China Mobile will be offering some of the best smartphones on its networking following the deal, Apple Inc seems to the biggest winner bearing in mind that the company’s fortunes in China have been on a downward trend.

China is currently Apple Inc’s third largest market after the U.S. and Europe. However, Apple Inc CEO Tim Cook is determined to bring China to the level of the U.S. or even bigger than it in terms of market.

Revenue new slowdown

Apple Inc. (NASDAQ:AAPL)’s revenue form China sales have not been stable in recent quarters. The sales have been up and down due to several market factors. The number one fact that is costing iPhone sales in China is the opposition mounted by rival Samsung Electronics and the domestic manufacturers that are offering cheap smartphones at beaten down prices.

The market leaning to Android smartphones as opposed to iOS is also costing Apple Inc in China. In fact, some of its iPhones have been found to be incompatible with the local networks, further alienating it in the open end market.

However, launching on China Mobile’s new 4G LTE platform is going to give iPhones a major boost. This boost, according to various research firms could lead to additional sale of about 20 million iPhones in China by end of 2014.

Ahead of the deal announcement, Apple Inc. (NASDAQ:AAPL) has posted a job call seeking an engineer with extensive knowledge in TD-SCDMA, which is the exclusive communications protocol for China Mobile in which iPhones will be launched.

China Mobile has indicated that it would not offer iPhones on its network until to completed the roll out of its advanced 4G LTE communications network. This is set for official activation on Dec. 18, which is the date that coincides with the launch of iPhones on the platform.

Deal outside China Mobile

China Mobile is not the only company that Apple Inc. (NASDAQ:AAPL) has sought to help it boost its sales in the world’s fastest growing market. The company’s iPhones are already being offered on China Unicom and China Telecom networks. Adding these existing deals to the deep opportunity coming from China Mobile’s 760 million subscriber base, the Cupertino-based company seems to have landed a rare jackpot in a key market. Perhaps this could help the stock trace its $700 highs and even edge closer to the trillion dollar mark in market capitalization.

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