Apple Could Earn 5 Percent More Revenue in 2014 Due to China Mobile Deal

An interesting series of analyst notes suggest that Apple, Inc. (NASDAQ: AAPL) could make some big strides financially in 2014, following news that Apple and China Mobile have finally reached an accord, with the latter company agreeing to start selling the iPhone 5S and iPhone 5C next month. China Mobile, which has long been in negotiations with Apple, is still the world's largest wireless service provider ('carrier') in terms of subscriber base.


According to Piper Jaffray analyst Eugene (Gene) Munster, Apple's newly-minted agreement with China Mobile could boost revenue forecasts by as much as 5 percent in the next calendar year; this revenue increase would include 17 million more iPhone 5S and iPhone 5C sales in 2014, or 10 percent of China Mobile's 3G subscriber base of 176 million. Separately, Wells Fargo & Co. (NYSE: WFC) analyst Maynard Um postulated that the deal would improve investor confidence when Apple announces iPhone sales in March. For the March 2014 ending quarter, Um believes Apple will sell 42.8 million iPhones, down slightly from 54.8 million in the ongoing frame.


Yet another analyst, Cantor Fitzgerald's Brian J. White, said that the wait for the China Mobile deal to finalize was 'worth it' for investors. 'Despite not having an official agreement with China Mobile before Sunday night's announcement, we estimate there are 35-40 million iPhone users on the network at China Mobile,' White said on Monday. 'Our visits to China Mobile branches, and resellers, and an Apple Retail Store this weekend in China highlighted that China Mobile is offering the iPhone 5S (and iPhone 5C) to customers.'


Though Apple stock prices are slightly down as of 12:45 p.m. today, the current price of $566 per share is still substantially better than it was last week, when AAPL stock slid to the $540-545 range due to news that China Mobile will not be releasing the iPhone 5S and iPhone 5C on December 18, as previously rumored.


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