
One of the reasons for Apple’s recent run-up to $500 is the growing optimism surrounding a potential deal with China Mobile. Following a recent meeting between the CEOs of the two companies, fresh rumors have erupted about Apple AAPL -0.67% being close to a deal with the carrier. What has raised hopes further is China Mobile CHL +1.13%’s chairman Xi Guohua commenting that “both sides sounded keen” during recent talks.
To continue reading please click here
