Expanding Apple's presence, especially in China, is another way for Apple to get its groove back. A deal with China Mobile ( CHL) would go a long way toward putting the iPhone in the hands of more customers. Earlier this year, Cook and China Mobile's Chairman Xi Guohua discussed "matters of cooperation," but so far, nothing has come of that. It doesn't mean there won't be anything, however. China Mobile has plans this year to substantially increase its capital expenditures, as it builds out its 4G network, and many believe that is a sign that the iPhone is coming to the world's largest mobile carrier later this year. White said China Mobile had 95 million 3G subscribers at the end of January, as part of its 715 million subscribers, so the opportunity for Apple and the iPhone is tremendous. Cook has acknowledged this fact in the past, saying China is an incredibly important market for Apple. "It's clear that China is already our second largest region as you can see from the data that we have given you and it's clear, there is a lot of potential there," Cook said on Apple's most recent earnings call.