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Telecom & Wireless

AAPL NewsFlow Check: China iPhone Rumblings

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By Douglas A. McIntyre Published
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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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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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