Apple lands elusive deal with China Mobile
By Bloomberg News
Published: Tuesday, Dec. 24, 2013, 12:01 a.m.
Apple Inc., ending six years of negotiations, struck a deal to sell the iPhone through China Mobile Ltd.
China Mobile will sell the iPhone 5s and 5c models in its retail stores starting on Jan. 17, the companies said in a statement that did not provide financial terms. The phones for China Mobile's network will be available in Apple's retail stores in China under the multiyear accord.
The agreement means Apple has access to all carriers in the world's biggest handset market, where Samsung Electronics Co. leads and smartphones using Google Inc.'s Android operating system dominate sales.
China Mobile has 763 million users.
Apple's stock rose 3.8 percent to close at $570.09 on Monday.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Heinz offers Pittsburgh workers a buyout if they are unhappy
- Programs help to nudge unemployment among veterans downward
- Twitter buys data analytics partner
- Google files patent for camera embedded in contact lens
- Robinson bakehouse invests time, love in artisan products
- Tobacco companies make payments under state settlement
- Stocks seesaw, end higher for 2nd day
- Recall puts GM sales under microscope
- How’s your doctor doing? Comparison shop online
- Coca-Cola revenue up, but soda sales dip
- Consumer price index up 0.2 percent in March