Is Apple Gearing Up to Reignite Investors’ Hunger?
A recent report from The Korea Times said Apple was in talks with SK Telecom (NYSE:SKM) to run a phone on its LTE Advanced network later this year. One suggested way Apple would do this would be with Qualcomm’s (NASDAQ:QCOM) RF 360 Front End Solution chip. If that were the case, Apple would also be able to offer its smartphone on almost any mobile network around the world.
To date, Apple’s hasn’t had a deal to offer its iPhones on the China Mobile (NYSE:CHL) network. Considering that China Mobile is the world’s largest mobile network, with a subscriber base about twice the size of the entire U.S. population, it has been a major missed opportunity for Apple. A new iPhone with the Qualcomm chip in place could offer Apple access to many more markets and a staggering number of new customers.
If Apple did all these things in the fall, shareholders might think better of the stock. Apple already has a remarkably high dividend that can appeal to investors, and having good business prospects on the horizon would surely help.