Apple's Elusive China Mobile Deal Could Be Closer Than You Think

Investors held out hope that Apple (NASDAQ: AAPL  ) might have one of its famous "one more thing" moments up it's sleeve at his week's iPhone keynote event.

It didn't, and, you know what happened to the stock afterward.

One of the items investors hoped Apple might surprise them with was the announcement of a deal with China Mobile (NYSE: CHL  ) , the world's largest telecom provider. Apple and China Mobile have historically had icy relations. However, between repeated meetings of the two companies' respective heads this year and the immense potential such a deal holds for these growth-starved companies, there was a sense of hopeful optimism that the two could finally come to terms.

And while it's sorely disappointing that they've failed to reach an agreement so far this year, not all hope is lost. In fact, a deal could be closer than many realize. In this video, tech and telecom analyst Andrew Tonner discusses a recent move that could mean an Apple-China Mobile deal is still just around the corner.

There's no question a deal with China Mobile could send Apple's stock to soaring. However it isn't the only growth driver out there for Apple, not by a long shot. In The Motley Fool's special free report "5 Secrets to Apple's Future," we outline the key factors every Apple investor needs to watch. Just click here now for your free report.

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  • Report this Comment On September 15, 2013, at 7:23 PM, Cuftbll wrote:

    One China Mobile has government approval for their new LTE then the deal will be announced. Pretty obvious.

  • Report this Comment On September 16, 2013, at 5:42 AM, fitness14 wrote:

    I think it is important for Apple to remain true to their ethos. Premium, stylish, high build quality products that give the user access to a rich and intuitive ecosystem. For them to put out a cheap phone would not be Apple, and their brand would be damaged beyond repair. For them to cave in too much China Telecom would show weakness and desperation. The right deal for Apple is more important than a deal getting done.

    I for one am relieved they didn't go dumpster diving head first into the low end smartphone market. The profit margins are low and all low end smartphone owners crave a higher end smartphone, and when they afford it then Apple will still be a premium brand that will be on their short list. The fast nickel versus the slow dime. In this case I will take the tortoise.

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