Apple shares jump on China Mobile deal

“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.

Related article:
It’s official: China Mobile and Apple bring iPhone to China Mobile networks on January 17th – December 22, 2013


  1. Hard to understand the Chinese company’s delay in such a large market except that it may require such a large initial stocking order that actually Apple couldn’t fill it initially.

    We’ll probably never know.

  2. Also, Apple is a services company. How to ramp the services infrastructure for another 40 million users (?!?), and follow the legal strictures, is another layer of complexity. Well done Apple b

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