Apple capitulating on revenue sharing to get iPhone into China
“Apple is no longer insisting on a revenue-sharing policy, so the biggest hurdle for China Mobile to bring in the iPhone has been cleared”
Uh-ohs! Without a few bucks a month from the subscriptions, Apple is going to be hurting for profits over there. It’s going to suck up their production and they’re going to get very little in return — aside from the considerable fact that they’ll be a major brand in China. It’s a risky venture, but when the alternative is another phonemaker getting the contract, it may be the lesser of two evils.