Apple eyes the biggest mobile market of them all: China

Adding huge numbers of subscribers in China would certainly help Apple's flagging stock price

A pristIne pool of potential mobile customers is out there -- a group of hundreds of millions of people who still have not had a chance to get an iPhone. They're China Mobile subscribers, and Apple is salivating at the notion of selling them iPhones.

According to the Wall Street Journal's Rolfe Winkler, who discusses Apple's potential in China in this video, estimates say only about 12 percent of China Mobile's 700 million subscribers can afford an iPhone, but that's still a big number of potential customers for Apple. Of course, business in China is tricky, as issues like market concentration and the ever-looming Chinese government must be considered, but Apple sure would like to start tapping the revenue stream -- especially if, as Winkler predicts, it could bring in as much as $7 billion in pure revenue.

This story, "Apple eyes the biggest mobile market of them all: China," was originally published at Keep up with the latest tech videos with the InfoTube blog. For the latest developments in business technology news, follow on Twitter.