Monday, December 23, 2013

The Apple stock climbs through China Mobile - Le Figaro

Apple share were up Monday morning, taking advantage of the announcement on the eve of an agreement with China Mobile that will allow the U.S. computer group to sell its iPhone to the largest mobile operator customers World. The title took 2.55% to 563.03 dollars a few minutes after the opening of the New York Stock Exchange.

Apple already had partnerships to sell the iPhone in China with two operators, China Unicom and China Telecom. The agreement with China Mobile, with which the negotiations lasted for years, however, will pass it to the next level on this crucial market. “This was a partnership with the most difficult to negotiate throughout the history of Apple operator”, but “worth the wait” say Monday in a note analysts Cantor Fitzgerald.

They further notes that the date of arrival of the iPhone with China Mobile, announced for January 17, “falls well for the Chinese New Year which takes place on January 31.” China Mobile has 62% of 1.23 billion mobile phone users in China, and Apple can expect to sell 20 to 24 million iPhone in the first year, which could boost its earnings per share of $ 4, consider they.

The average forecast of analysts for the full year 2013/14 Apple began early October so far of 43.61 dollars earnings per share. Barclays for his part stressed that iPhone sales will grow over the quarters, estimating total market that Apple hoped to receive via China Mobile to about 80 million.

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