By almost every measure, Apple (NASDAQ:AAPL) has seen its fair share of success in China. Since it introduced the iPhone there in 2009, China has fueled billions of dollars of sales and become Apple's second most important country in terms of revenue. However, there's also always been something missing when it comes to the tech giant's success story in China: a deal with telecom powerhouse China Mobile (NYSE:CHL). One major hurdle was diverging 3G standards between the two, but that's since been cleared up by the 4G LTE iPhone 5. The second has been China Mobile seeking some kind of revenue sharing agreement as well, something Apple has understandably balked at. However, as Fool contributor Andrew Tonner discusses in the video below, the companies' CEOs recently met to see if they could come to some kind agreement.
- Aug 5, 2013 at 7:30PM
- Technology and Telecom