Apple's talks with potential Chinese carriers have snagged on disagreements about how to share revenue, according to Chinese news reports.

Apple, based in Cupertino, Calif., reported last month that the sales of the popular iPhone helped to boost its latest quarterly earnings by 15% to $1.2 billion despite the U.S. economic slowdown.

An iPhone deal could help Unicom compete with giant China Mobile ( CHL), which dominates the mobile market.
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

If you liked this article you might like

Baidu, Part of Group Investing $12 Billion in China's Unicom

Alibaba and Tencent Could One Day Be Bigger Than Apple

China's Stock Market Shocks the World by Going Nowhere Fast

Alibaba Joins World's Largest Telecom Carrier as It Executes Cloud Strategy