A few days ago, China Mobile (NYSE:CHL) announced that it sold about 1 million iPhones on its network in February, following the widely anticipated launch in mid-January. Shares however were down somewhat on the news, indicating that investors may have been slightly disappointed with the figure.
In this segment from Friday's Tech Teardown, host Erin Kennedy and Motley Fool tech and telecom bureau chief Evan Niu discuss why it has been difficult to accurately gauge the opportunity for Apple (NASDAQ:AAPL) on China Mobile. They also look at some of the factors that will benefit Apple in its partnership with China Mobile, and some of the headwinds the company will face selling its iPhones through the Chinese carrier.
Erin Kennedy owns shares of Apple. Evan Niu, CFA owns shares of Apple. Evan Niu, CFA has the following options: long January 2015 $460 calls on Apple and short January 2015 $480 calls on Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and China Mobile. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.