| By PR Newswire | Article Rating: |
|
| November 23, 2012 09:31 AM EST | Reads: |
836 |
CHICAGO, Nov. 23, 2012 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include China Mobile Limited (NYSE:CHL), Apple Inc. (Nasdaq:AAPL), China Unicom Limited (NYSE:CHU), ChinaTelecom Corp. (NYSE:CHA) and Google Inc. (Nasdaq:GOOG).
(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO )
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Thursday's Analyst Blog:
China Mobile Seeks iPhone Target
China Mobile Limited (NYSE:CHL), the largest wireless carrier in the world by subscriber base, intends to sell 100 million mobile phones in 2013 with almost 80% of it in smartphones. This indicates a remarkable improvement of 25% over 2012 expected sales of 70-80 million units. A potential deal with the world's second largest smartphone manufacturer Apple Inc. (Nasdaq:AAPL) can be attributable for the raised guidance.
China Mobile covers more than half of the Chinese mobile market with a subscriber base of 698.51 million at the end of third quarter 2012. Nevertheless, the company's 3G customers comprise only 11% (75.6 million) of its huge subscriber base.
Two of its closest rivals – China Unicom Limited (NYSE:CHU) and ChinaTelecom Corp. (NYSE:CHA) – with subscriber base of 229.49 million and 152.62 million, respectively, lags far behind but have far better 3G customer concentration than China Mobile. This provides China Mobile a significant opportunity to tap this under penetrated 3G market.
China Mobile's biggest flaw is that it offers mobile service based on Time Division-Synchronous Code Division Multiple Access (TD-SCDMA) technology, which is not very well supported by the handset makers including Apple Inc.'s iPhone, resulting in lower upload/download speed. However, the competitors like China Unicom and China Telecom offer their services through globally acknowledged Wide Band Code Division Multiple Access (WCDMA) technology.
With nearly a billion cell phone users, China Mobile offers a huge smartphone market, which is still being dominated by Google Inc.'s (Nasdaq:GOOG) Android operating system (OS) and Apple's iOS comes at a distant second place.
The company has been in talks with Apple for quite some time in order to develop a TD-SCDMA iPhone, although nothing has been finalized yet. We believe China Mobile has to strike a deal with Apple sooner rather than later to have any realistic chance of achieving its 2013 smartphone sales target.
China Mobile currently has a Zacks #2 Rank, implying a short-term Buy rating.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
SOURCE Zacks Investment Research, Inc.
Published November 23, 2012 Reads 836
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- Mobile Devices Now Account for 25% of Total U.K. Paid Search Spend According to New Kenshoo Report
- Mobility News Weekly – Week of March 17, 2013
- Global Mobile Security (mSecurity) Market 2013-2018
- Enterprise Mobility Asia News Weekly – Week of April 7, 2013
- Branding Brand Selected As Nominee In 17th Annual Webby Awards
- Services Orinted Architecture (SOA) Market
- 'Visiongain Expects Superphones & Phabblet to Account for Revenues of $46BN in 2013' Says Lastest Report
- Redknee Closes Acquisition of Business Support Systems From Nokia Siemens Networks
- GSMA gibt erste Keynote-Referenten der Mobile Asia Expo 2013 bekannt
- Mobility News Weekly – Week of March 24, 2013
- Cloud People: A Who's Who of Cloud Computing
- North America and Asia Account for Highest Proportion of TD-LTE Network Deployments, Direct Carrier Billing Accelerates Revenue Growth for CSPs
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- Mobile Devices Now Account for 25% of Total U.K. Paid Search Spend According to New Kenshoo Report
- Mobility News Weekly – Week of March 17, 2013
- Neomobile announces another year of growth and expansion: 2013 will see the boom of carrier billing monetization for apps and cloud services
- Global Information Security Products And Services Industry
- Global Mobile Security (mSecurity) Market 2013-2018
- Enterprise Mobility Asia News Weekly – Week of April 7, 2013
- Branding Brand Selected As Nominee In 17th Annual Webby Awards
- Services Orinted Architecture (SOA) Market
- Santander UK Launches Mobile Banking App for Android
- Tiger Woods Sues Christensen Shipyards for Breaking Privacy Agreement
- Highlights From Ft. Lauderdale International Boat Show
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo 2011 East To Attract 10,000 Delegates and 200 Exhibitors
- Jim Liddle's Symbian Blog: Is the "Mobile Web" Already With Us ?
- Jim Liddle's Symbian Blog: "GMAIL Mobile"
- Symbian Welcomes the Availability of Nokia's N72
- Google Gang Unveils "gPhone" Platform, Android
- Symbian & Open Source: The Momentum Grows
- Cloud Expo, Inc. Announces Cloud Expo 2011 New York Venue
- Jim Liddle's Symbian Blog: Opera Releases New Wireless Development Platform
- London Streetmap Midlet and Flashlite Supported Phones























