Apple and China Mobile Ltd. Called off the planned launch of iPhone handsets in China. Although no one's talking as to why the plug was pulled, unnamed sources in China say that the dispute centers on revenue sharing. Apple wants 20-30% of user fees, which seems to be a bit high to China Mobile Ltd.
What this stalemate does is open up possibilities for China Unicom Ltd to have an iPhone exclusive. Apple said that it will launch the iPhone in Asia this year. Unicom may very well be in a good place as in the U.S. and in Britain, Apple's launched with an exclusive partner--it might as well be Unicom.