Tag Archives: aapl

Apple, China Mobile Deal Boon For iPhone Parts Makers

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

Apple finally reaches China Mobile iPhone deal

Apple (AAPL) stock was up 3% in midday trading Monday on news that the iPhone maker had finally struck a distribution deal with China Mobile (CHL), the world’s largest wireless carrier. The deal was widely expected, and several times in recent weeks news organizations had jumped the gun and announced that the Apple-China Mobile deal had been signed when it wasn’t. But on Sunday, Apple announced that it had entered into a multiyear agreement to offer the iPhone on China Mobile’s 4G and 3G networks starting on Jan. 17. The iPhone 5C and 5S smartphones will be available for preregistration to China Mobile customers on Dec. 25. “We know there are many China Mobile customers and potential new customers who are anxiously awaiting the incredible combination of iPhone on China Mobile’s leading network,” China Mobile Chairman Xi Guohua said in a statement. “We are delighted that iPhone on China Mobile…

Want an Apple Mac Pro? Get ready to wait a long time

Apple started selling its new-fangled Mac Pro desktop computer online Thursday and already orders are severely backlogged. Within hours, the delivery times slipped from Dec. 30 to sometime in February. So if you want one of Apple ‘s (AAPL) radically redesigned Mac Pro computers, you had better be willing to wait. The high-end desktop computer, targeted at creative professionals, starts at $2,999. A fully loaded machine with all the top-of-the-line specs (12-core Intel (INTC) Xeon E5 processors, AMD (AMD) FirePro D700 GPUs with 6 GB of VRAM, 64 GB of system memory, and 1 terabyte of PCIe-based flash storage) will cost you $9,599. But shipping is free. And if you want a 4K video display for it, Apple suggests you buy a Sharp 32-inch Ultra HD LED monitor for $3,595. That’s because Apple doesn’t offer its own 4K display yet, perhaps awaiting an Apple TV, as IBD has reported. Oh, and…