Telecom & Wireless

AAPL NewsFlow Check: China iPhone Rumblings

There are multiple stories today about a pending iPhone deal with China, aggregated from 24/7 Wall St. partner Apple Investor News:

It started with a Macworld UK report that China Unicom had posted a website ad with iPhone photos and specifications. This adds to previous rumors about a deal between Apple and China Unicom. Apple talks with China Mobile, the largest wireless carrier, have apparently broken down several times.

This story is getting traction from some of the more credible Apple fan sites such as AppleInsider and MacRumors. What makes this even more believable is China Mobile’s plan to offer 3G network service in May.

One has to assume that an eventual iPhone deal with a China carrier is already baked into AAPL’s share price?  Or is it?

 Frank Cioffi, Apple Investor News.

(full disclosure: Cioffi owns AAPL shares)

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