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NewsPoster Dec 18, 2013 11:15 AM
China Mobile exec: 'still in talks' with Apple over iPhone deal
China Mobile chairman Xi Guohua has downplayed rumors that his company has already <A href="">finalized a deal</a> with Apple to sell the iPhone. Speaking to journalists during a conference in Guanzhou, the executive claimed that the Chinese carrier has no announcement to make and is still in talks with Apple, according to a <em>Reuters</em> <a href=" logyNews">report</a>.<br /><br />The comments contradict several recent rumors, fueled by an <A href=" f.4g.rollout/">iPhone pre-order listing</a> that China Mobile briefly slipped on its own website. The company a few days later listed Apple's smartphones on a reservation page for its LTE rollout, while a blogger took pictures of what appeared to be <A href=" .accessories/">iPhone advertisements</a> in one of the carrier's retail stores.<br />
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As the largest carrier in the world, with a subscriber base of approximately 760 million users, China Mobile is the last major Chinese carrier to embrace the iPhone. A recent survey suggested an official deal with China Mobile could result in at least <A href=" s.23.million/">12 million iPhone sales</a>, while analysts expect double that in the first year of availability.
Wingsy Dec 18, 2013 12:16 PM
So that's why AAPL is down this morning. For some reason I guess investors think that just because it didn't happen on the RUMORED date, that it will never happen. Sounds like my kids' thinking.
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