“Apple Inc. gained premarket Monday in the wake of a long-expected deal with China Mobile Ltd.,” Ben Eisen reports for MarketWatch.
“Apple [AAPL] said Sunday night that it had finally signed a deal for China Mobile to carry the iPhone in the world’s second largest economy,” Eisen reports. “The company will officially start selling the iPhone 5s and 5c in China on Jan. 17, and pre-orders will start Wednesday.”
Eisen reports, “The deal, which opens up a huge new market for Apple, sent the shares up [$17.98 (3.27%)].”
Read more in the full article here.
It’s official: China Mobile and Apple bring iPhone to China Mobile networks on January 17th – December 22, 2013