unicom and, -- china telecom. this is a higher-margin product. bernstein analyst noted earlier if itor this apple deal comes through, it could be potentially negative for china unicom and positive for china could and some commerce migrate to some customers could migrate from telecom or china unicom -- some customers could migrate from telecom or china unicom. they said they are moving beyond trials. they will roll it out in 16 cities. that will coincide with the unveiling of the iphone on their networks by january 17. that is a target date. by christmas, people can register online to get their iphones. >> quite a mouthful. thank you. john, you'd have a look at the stocks related to apple. has foxconn. these three stocks are seeing gains. up.tron mobile upom or china by one .5%. is deal with apple -- in this deal with apple after six years of talk, the stocks are up. they could reach 1.2 billion wireless subscribers. for two thirds. a fantastic deal for apple and china mobile. >> thank you. other stories making headlines. the hyundai group is plan

keepwell your eyes on china mobile and china unicom and china telecom.after the apple story with china mobile today. china mobile shares rising 1.5%. china mobile accounts for -- watch out for those shares in the u.s. open. the biggest supplier to walmart, shopping is a great big part of christmas. shares are largely lower. volumes are very low. japan today is shut for the emperor's birthday. we have market volumes low because of the u.s. story again. tomorrow is a half day in china and hong kong. one of the best-performing stocks on this monday morning is because of apple. >> those markets there in china getting underway, the main concern of investors today is this deepening cash shortage. david is here with the latest. >> it is those interbank lending rates, whatever you want to call it. we are just getting underway. you saw john showing a little bit of gains at the open on shanghai, the shanghai composite. perhaps a good sign is that earlier on, we saw borrowing costs have come down at the start. we are at 5.5% for this one week benchmark. we are not

over from unicom in telecom over to china mobile.subscribers, many of them are unlikely to have renewed the current contracts. inna mobile has announced conjunction that it will offer four g in 16 cities. it is moving from trials to commercial rollout pretty quickly in conjunction with this announcement with apple. watchna mobile stopped to . thank you. the china mobile deal could be good news for apple's bottom line. this will relate to an earnings windfall. he just conducted exclusive research on what apple means for suppliers. what did you find out? i good morning. the key point we found out is the companies who have the highest exposure gives more of their revenue from apple than they get from anywhere. will they actually decline this year. they went down significantly. we they had a really big drop- off in their shares this year. even though in many cases more than 50% of the revenue comes from apple. it looks like a little bit of a surprise. having apple as the key client has not been a beneficiary. >> once upon a time apple wa

with unicom, you can get an iphone.ive you one for free only if you are willing to spend about $1,000 u.s. dollars paying for these minutes. people do it. you are going to have to see something of that kind with china mobile. >> and samsung has a slice of this market. >> a lot of the chinese rivals. people are talking about the growth area for smoart phones being on the low end. apple does dominate when it comes to the luxury brand. people think it is a status symbol. that has not gone away. there has been so much discussion about apple losing its edge in the china market. maybe that's true in terms of samsung taking some of the market share away. it does carry a lot of weight with people there. >> a luxury aspirational product, which is how they are trying to position themselves. >> it is great to have you here. eunice yoon for the moment, thank you. >>> amazon is down slightly this morning. it did cross $400 a share for the first time last week. the question is, is there more room for the stock to go from here? michae

by the police and we've all seen the footage from key of and i think everybody including president unicom of himself recognize that the use of force was excessive and as far as we understand the investigation is underway and before that investigation was event completed the chief of police had to step down so don't you think that in demanding nothing last then the resignation of the president himself the opposition is being a bit too excessive in its demands. well as of the moment we have heard some words not too many wars and we have seen no actions at all so not a single police officer has been punished or fired after this bloody saturday and we have not seen the minister of internal affairs in the parliament he was afraid to come to see the m.p.'s we have not seen a single senior officer stepping down so actually people are so angry as of the moment because in the parliament they expected that those who were responsible for this bloody massacre here in the on on my done would be punished that would be the first step to get closer to justice and we see we also know actions so i've seen

by the police and we've all seen the footage from kiev and i think everybody including president unicom and himself recognise that the use of force was excessive and as far as we understand the investigation is underway and before that investigation was even completed the chief of police have to step down so don't you think that in demanding nothing last then the resignation of the president himself the opposition is being a bit too excessive in its demands. well as of the moment we have heard some words not too many wars and we have seen no actions at all so not a single police officer has been punished for it after this bloody saturday we have not seen the minister of internal affairs in the parliament he was afraid to come to see the m.p.'s we have not seen a single senior officer stepping down so actually people are so angry as of the moment because in the parliament they expected that those who were responsible for this bloody massacre here in the on on my done would be promised that would be the first step to get closer to justice and we see we also know actions so it's seen i thi

by the police and we've all seen the footage from kiev and i think everybody including president unicom of himself recognize that the use of force was excessive and as far as we understand the investigation is underway and before that investigation was event completed the chief of police had to step down so don't you think that in demanding nothing last then the resignation of the president himself the opposition is being a bit excessive in its demands. well as of the moment we have heard some words not too many wars and we have seen no actions at all so not a single police officer has been punished for it after this bloody saturday we have not seen the minister of internal affairs in the parliament he was afraid to come to see the m.p.'s we have not seen a single senior officer stepping down so actually people are so angry as of the moment because in the parliament they expected that those who were responsible for this bloody massacre here in the on my down would be promised that would be the first step to get closer to justice and we see we also know actions so it's seen i think for m

you will see a potential breakup or better policies geared towards helping china telecom and china unicom to move up. that is why china mobile stock is not done so well in recent years. >> what can you tell us about the demand in china for the homegrown names? the rise of the products from players like lenovo and the challenge to that which are faced their? >> apple was the cool product everybody had to buy. 20-year-olds aspired to by apple. it was a major gifting purchase. it was talked about on the same level as rolex or cartier. hassamsung galaxy line taken over. is gaining market share. they opened a large test center where people can come in and play with the products. they are about 20%-30% cheaper. they're good enough and in some cases almost as good very at i was interviewing some banks last week and a lot of the banks said that they are now buying lenovo phones to give to their employees. we expect to be serious competition -- we expect to see serious competition for apple especially from the chinese handset makers. >> much appreciated, sean. nd it back to you. >> there is fresh

companies in china, allowing private companies to use the networks of state owned china mobile, china unicomchina telecom. signed a deal with the 49ers and will become one of the sponsors of the new levi stadium, which is two miles from intel headquarters in santa clara. one quarter of the stadium will be named intel plasma, and there will be a fan experience center featuring intel gadgets. the 49ers will move to levi stadium next year. nfling with football, the says", strongly opposes a proposal to eliminate the sports blackout rule. the rule is meant to encourage fans to attend live sporting events by keeping the games off tv while tickets are still available. the nfl tells bloomberg west, that while affecting very few the blackout rule is very important in supporting stadiums. how big of a threat is the proposal to the nfl? , our editor-at-large .ory johnson amy, great to have you on the show. >> there is a lot of attention right now being placed on the fcc's recent statement. focus on that fcc perspective action is misplaced for two reasons. we don't know yet what the breadth or scope of

they were already with the second and third biggest wireless companies, china unicom in fact introduced the iphone back in 2009. china telecom had them in 2012. china mobile, the biggest player has got just above two thirds of the market. they have now been able to sell s.one 5c and 5 this basically gives apple access to more than double the population in the united states. the bakeware he is whether all of them will be spending that amount to go and get their iphones. the stumble that have been there, the fact that china telecom's home growth networks weren't really wanted by apple. china mobile really pushing for more benefits sharing coming from apple. they managed to iron out their difficulties and agreed a deal. sort of sales growth are we likely to see? access toss -- new two thirds of the market they didn't have before. will they get all that three quarters of a billion people that china mobile has on their network? probably not. morgan stanley says they are likely to add about 12 million iphone sales for apple next year. that is nothing to be laughed at. thanis really percent mo

but via the second-largest carrier, china unicom. finally, the deal is sealed with china mobile. just below two thirds of the market they currently control. the customers7, can lay claim to an iphone 5c or 5s. >> what sort of sales growth are we likely to see? >> morgan stanley says this could add 12 million iphone sales for apple in 2014. that is about an eight percent increase on the amount of iphones they sold in 2012. they sold 150 million. the entire amount that china mobile has as its customer base? the cousin it is so expensive. generally, anch, iphone will cost you in china. there are less subsidies in china and far less discounts. generally, only a smaller portion of the chinese population will be able to put up that kind of cash. still, more units being sold. >> they have got to make this work, apple and china mobile seeing growth slowing. this could be just the pick me up they need. >> in china, apple is the fifth biggest handset provider in the country. well behind the likes of samsung, lenovo. they see their market share being eaten into across the globe. saturation

subscribers inn addition to those already using iphones over the rival networks, china telecom and china unicom. they have offered it since november of 2009. telecom has offered to send a last year. china mobile playing catch-up. there was a big stumbling block presumably over china mobile homegrown technology. no other carriers globally have adopted this technology. apple up until now i had been reluctant to provide a td compatible iphone. there were revenue differences between china mobile and apple. those differences have obviously been resolved. the iphone is going to go on sale in china mobile as of january 17th i think it's the date. >> this incursion news for apple. what about china mobile? deal removes the competitive disadvantage they had a drawing in the high-end users. those who can afford to pay more for the iphone. they have close to 800 million subscribers. all of them not going to be migrating to the iphone but if they can get a 100 million, that is a huge thing for china mobile which is already facing perhaps the first drop of decline in a decade because higher subsidies and cos

the 3g for unicom is better than nor robert. do we believe it's already priced into the stock? for the past six months this was going to happen. i would assume the stock already moved on that. >> it was interesting. when i was checking online to see what the reaction was, there wasn't as much reaction in china among users as i would think. the last couple of weeks we've been hearing, this is going to happen. no, they denied it. not really. >> joe, do you want to ask? >> i have a question. a bigger question because i'm such a worldly guy. >> i'm afraid. >> yeah. >> be afraid. >> is this shoe guy usurping the other guy's economic role? now he's more powerful? >> yeah, that's what a lot of people are talking about. >> it was the other guy's -- >> cameron. he goes, no, it's going to be my zblaert right. basically everybody has been talking about it. >> really? >> yeah. >> is that -- >> there's reports about it. you. >> you have to find out about things on posters, what's going on. something's happening here. >> basically. you have to read a lot of tea leaves. >>> what about the ris

china unicom down 1.2% in today's trade. >> thank you for that, sixuan. >>> initial jobless claims are at 8:30. also at 8:30, third quarter gdp. we'll see its revisions. many are expecting it to edge higher if anything up 3%. october factory orders come out this morning at 10:00 a.m. now, this data follows yesterday's data. u.s. job growth higher than expected in november at 250,000 jobs. expectations will see the creation of around 175,000. the good news, brakes on the u.s. stock markets as fears re-ignited of a taper to the fed's bond buying program and we will be advised of today's data and how that is up. tomorrow on the employment report, joining us is his thoughts, lloyds bank commercial bank in china. >> good morning. >> good to see you. when you combine the adp, the beige book, the decline in the nonmanufacturing ism, what does it point to in the growth of the u.s. economy smp. >> the fed are in something of a quandary. you got a report from the cleveland fed last night talking about what policymakers could do in terms of having boundaries and thresholds particularly with respe

and today, china said it's going to award china mobile, china unicom, china telecom, all licenses tog network to customers. >> do you know how many customers china mobile has? >> i said it seems like a big market. >> like 800 million? you're right. you nailed it again. >> that's why i make the big bucks here. exactly. i said that earlier. seems like a market opportunity. >> it is very, very large. >> then we heard they like knockoffs. made by htc. but almost as good as -- i don't -- you know, i don't -- certainly don't utilize everything the iphone does. >> you can get everything you want in china. but apple is a brand that chinese people -- >> it's expensive, though. >> chinese people in certain areas of china are -- it's well within their means to afford luxury brands. you talk -- i'm sure you have them on the show. all the luxury goods, producers in the world, their biggest market, not knockoffs is china. why should apple be different? >> i meant things that are almost iphones. and if you don't really need to pay double, you could get a smartphone that does everything. >> yeah. >>

there are others trying to unicom, china telecom, had the iphone for a while, and some on the 2g, theyrom apple's point of view, what does that imply for widespread adoption of the iphone now that china mobile may finally be joinsing the count here? >> it would help to probably have the overall acceptance of china mobile being official on that network. the marketing would certainly help with that bigger group. china mobile's got maybe a lit more leverage than some other carriers have, because apple is counting on china. tim cook talks quite a bit, or at least he had until the past couple of quarters, about china as a growth engine, and everybody is looking at china mobile as a catalyst. there probably hasn't been one factor, one company that people have been looking at as a catalyst for apple like this, since verizon in the u.s. years ago. so they're in a position to maybe not have to pay the same kind of subsidy toll that other carriers have paid. of course, we'll see maybe what the terms are when this deal actually gets public. >> yeah, speaking of that, let's bring in alex, senior r