Apple and China Mobile announced their long-awaited deal Sunday night, with the Chinese mobile carrier launching the iPhone across the country next month.

China Mobile bills itself as the world's largest mobile company, with 760 million subscribers. Access to its network has been seen as a crucial next step for Apple.

Both the carrier and Apple will sell the phone in their stores starting Jan. 17. Potential buyers can pre-register as of Dec. 25.

Amit Daryanani, RBC Capital Markets analyst, explains why Apple's China Mobile deal has been delayed and comments on the rally on the tech giant's stock during the holiday shopping season. CNBC's Jon Fortt weighs in.

Pricing for iPhones has been something of a sore spot in China in recent months, amid reports that gray-market prices made the phones cost orders of magnitude more than elsewhere.

Yet Apple's smartphone market share has been on the rise in China, with widespread signs it was close to formalizing a deal with China Mobile.

Dow Jones cited analyst reports suggesting Apple could sell as many as 39 million iPhones in the country next year. By way of comparison, the company sold nearly 34 million iPhones worldwide in the most recent quarter.

The deal could also be a catalyst for Apple shares, which have risen in recent months every time a report suggested a China Mobile deal was near — only to fall each time when a deal did not materialize.

http://www.cnbc.com/id/101279092

after a long period, china has not let Apple to enter this country, and now the customers will be waiting to buy the most popular gadget