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After years of negotiations, Apple and China Mobile have finally announced their highly anticipated deal to sell the iPhone on the 3G and 4G networks of China¯¯¯s dominant telco. Of course now the next big questions will be: How will China Mobile price the new iPhones, and how many units will it sell? Investors are clearly quite hopeful, with Apple¯¯¯s shares rising 3.8 percent after the deal was finally announced. The deal makes China Mobile the last of China¯¯¯s 3 major telcos to offer the iPhone.
|China Mobile, Apple Finally Reach IPhone Deal|
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