Apple buys many components for its devices from Chinese suppliers. Now, it's getting more aggressive about selling those devices in the world's largest cell phone market, inking a deal to sell iPhones through No. 1 wireless operator China Mobile, which could substantially boost Apple's earnings.
Talks between Apple and China Mobile didn't go so well back in 2009, but Steve Jobs apparently wants to take another stab at getting his wildly popular iPhone onto the world's largest network. And Apple may be more accommodating about terms now that Google's Android is gaining share globally.
Just a day after Apple announced that CEO Steve Jobs was off on his third medical leave since 2004, the stock's already on the rebound. The company smashed its first-quarter earnings expectations, thanks to soaring Asia-Pacific sales.
China Unicom, with 200 million subscribers, has scrubbed Google search from its phones. Will China Mobile, with 500 million users, be next?
Google co-founder Sergey Brin has emerged as the key force behind the search giant's decision to close its China-based search engine, citing his experience growing up in the Soviet Union. Google may suffer in the long run, but in this case, Brin has put principle above profit.
Capping two months of high-stakes brinksmanship, Google appears ready to make good on its threat to shut its Chinese-language search engine after Beijing's unyielding resistance to ease Web censorship. But Google's mobile business in China will continue.