China Mobile receives 1.2M iPhone pre-orders

|About: China Mobile Limited (CHL)|By:, SA News Editor

China Mobile (CHL) received 1.2M pre-orders for iPhone devices by Monday, indicating the level of demand for the product ahead of its sales launch by the carrier on Friday.

Speaking in China, Apple (AAPL) CEO Tim Cook said that even without an official agreement with China Mobile, iPhone sales hit a record high in Greater China in Apple's FQ1. In FQ4, it generated revenue of $5.73B.

The firms expect the iPhone deal between the companies to lead to broader co-operation. "There are lots more things our companies can do together," Cook said.