Apple, China Mobile Deal Boon For iPhone Parts Makers

By | December 23, 2013

Scalper1 News

Apple’s long-awaited iPhone distribution deal with China Mobile, the world’s largest wireless carrier, was a rising tide that lifted a lot of boats on Monday. Apple (AAPL) stock rose 3.8% to 570.09 on the news. Makers of parts for Apple’s smartphones also benefited. The deal was widely expected, and several times in recent weeks news organizations had announced an agreement had been signed. But late Sunday, Apple announced that it had entered into Scalper1 News

Scalper1 News