iPhone Coming to China Mobile? Reports Say Yes

Apple is reportedly teaming with China Mobile for a deal that could expose the iPhone to 600M people.

Forbes has published an interesting story this morning that indicates the iPhone will soon be available to China Mobile (NYSE: CHL) subscribers. If true, this would give Apple (NASDAQ: AAPL) the opportunity to reach an additional 600 million subscribers.

The phone, which will come in the CDMA variety to meet the needs of China Mobile's service, could be marketed as a lower cost pre-paid version of the iPhone we know and love. According to Forbes, more than 90% of China's cellular market uses pre-paid phones.

While nothing has been confirmed, the iPhone is expected to hit China Mobile as early as October (around the same time that the iPhone 5 is scheduled to launch in the United States), or as late as early 2012.

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