The Apple-China Mobile deal essentially pertains to the sales of the iPhone in China. With the recent announcement of the deal having led to 1 million iPhone pre-orders in the country, Apple CEO Tim Cook has described the Apple-China Mobile iPhone agreement as a "watershed moment."
Cook, who was on a trip to Beijing last week, made the remark about the Apple-China Mobile iPhone deal at an Apple store in Beijing.
During the trip, Cook also told CNBC on Wednesday that, from Apple's perspective, the company's partnership with China Mobile underscores a momentous move because it brings "the world's best smartphone to the very largest and now the fastest network in China."
Meanwhile, according to a CNN report, it has been estimated by analysts that Apple's iPhone deal with China Mobile will help the US tech company sell a total of up to 24 million iPhone units in China in 2014 alone.
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