Apple + China Mobile = More, a Lot More, iPhone Sales

via The Verge. According to The Wall Street Journal, Apple signed an agreement with China Mobile, the world’s largest carrier. Apple’s iPhone 5c and 5s already supports China Mobile’s proprietary TD-LTE network and are expected to be available later this month. I wonder which of the two — the company behind the world’s most popular smartphone versus the world’s largest carrier — gained the upper hand. My guess: Apple’s overall profits will soar, but profit margins will drop.