Apple has almost doubled its number of stores in China and Hong Kong to 11, from 6 since Cook’s last visit after pledging “greater investment” in the world’s largest market for computers and phones. Cook really wasn’t lying when he said this as according to Bloomberg, he has just made his second trip in less than 10 months.
Apparently Cook met with Miao Wei, head of the Ministry of Industry and Information Technology, to talk about the development of China’s information technology industry, global mobile communications and Apple’s business in China.
An Apple spokeswomen by the name of Carolyn Wu, wasn’t able to give anymore details on Cook’s visit. She said she had no information on how long Cook will be in China, or whom else he will meet.
It has been rumored by sites such as AllThingsD that Cook’s visit to China might also have something to do with a deal with China Mobile, the world’s largest carrier.
If, at long last, Apple was able to add the device to China Mobile’s portfolio, it would gain access to an additional 120 million subscribers — a massive addressable market, and one that Apple can’t afford to ignore much longer.
Despite having a lot of success in North America and even Europe, the fruit company is really struggling to compete with Android overseas and this mostly has to do with the fact that they have no entry level devices. Should Apple release a less expensive iPhone, the company may fare better in countries such as China.