iPhone: Apple Eager To iConquer Asia
Apple's attempts to secure good deals for the iPhone in Asia aren't going quite according to plan. In Japan, the Cupertino company still has to make up its mind, while China is giving Apple a hard time in negotiating financial matters.
December 21, 2007
The news helped DoCoMo’s stock rise 1.7% in the recent future. In the mean time, Apple is also negotiating with the number 3 company on the market, Softbank Corp. Everyone's guess is that time will tell which one got the deal, although most bets are placed on DoCoMo.
However, Apple's true problems lie in China. Current estimations have it that the market will grow to an approximate 500 million mobile phone in just a few years, a nice place for Apple to launch its top product.
The company has been negotiating with China Mobile, the biggest operator on the market, but recent reports indicate that Apple's revenue scheme has little success with the Chinese top execs. In both US and Europe, Apple gets around 10% of mobile subscriber fees, a type of deal that doesn't sound to good to China Mobile and has been rejected so far.