| By PR Newswire | Article Rating: |
|
| November 23, 2012 09:31 AM EST | Reads: |
840 |
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 840
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
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Swipe to See Your Account Balance with Groundbreaking Bank of the West Mobile Apps, Built on Mobiliti from Fiserv
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- AWS Going into a New Line of Work
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- Apple’s Key Rubber-Band Patent Found Invalid Again
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- From Creative Cloud to iCloud – Kevin Lynch Leaves Adobe for Apple
- Apple Makes Highly Eccentric Hire
- GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
- Cloud People: A Who's Who of Cloud Computing
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Swipe to See Your Account Balance with Groundbreaking Bank of the West Mobile Apps, Built on Mobiliti from Fiserv
- Upcoming Domino's Pizza Investor Events
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Scripps Networks Interactive’s Popular Lifestyle Shows from HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel Coming to Prime Instant Video and Amazon Instant Video
- RetailMeNot Shoppers Trend Report: While Over 8 in 10 U.S. Residents Cite Affordability as Their Top Vacation Priority, a Majority (58%) Could Waste Hundreds of Dollars by Booking Travel a la Carte
- Enter for a Chance to Win an Apple iPad Mini During the Grand Opening of Silverleaf, Taylor Morrison’s Latest New Home Community in Denver
- Appeon Mobile Beta2 - 48 Hours
- AWS Going into a New Line of Work
- Apple Ordered to Pay VirnetX $333K a Day
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Where Are RIA Technologies Headed in 2008?
- Sun Blew its "iPhone" Java Opportunity to AJAX
- Building an iPhone Application with Adobe AIR
- iPhone Will Make Mobile AJAX and Web 2.0 Happen
- AJAXWorld Conference Adds "iPhone Developer Track"
- Cloud People: A Who's Who of Cloud Computing
- Kindle 2 vs Nook
- Why Build Applications for the iPhone and iPod Touch?
- Designing For the "iPhone" Is a Refreshing Experience
- Apple iPad Reminds Us How Brands Succeed by Transforming Experiences
- New Column: A Geek's Bookshelf
- Android: Who Hates Google Over the Phone?






















