It has been reported that Apple Inc. (NASDAQ:AAPL) is set to build a
partnership with both China Telecom and China Mobile in 2013. Apple Inc.
(NASDAQ:AAPL) Could Double Up In China According to investment bank Morgan
Stanley, the US based smartphone maker giant Apple Inc. (NASDAQ:AAPL) will
partner up with both China Telecom and China Mobile over the next year to make
its iPhone available on all three Chinese carriers. According to a note issued
to investors, Morgan Stanley analyst says that Apple Inc. (NASDAQ:AAPL) can only
possibly reach 10 percent of the 150 million 'high-end Chinese subscribers'
in the country through its current partnership with China Unicom. The new deal
could allow the firm to expnd its subscriber base and income from applications
in the country. Apple Inc. (NASDAQ:AAPL) shares were at 453.01 at the end of the
last days trading. Theres been a 10.5% change in the stock price over the past 3
months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.15 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.21 Zacks
Rank: 1 out of 2 in the industry
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