24/7 Wall St.
04-13-2008, 05:40 PM
24/7 Wall St. Daily News
The cat-and-mouse game between China Mobile (NYSE: CHL) and Apple (NASDAQ: AAPL) over the release of the iPhone in China continues. China Mobile has over 300 million subscribers and that figure is growing rapidly each quarter. The chief of China Mobile told the world that there are no negotiations. He says the business models of the two companies like are not compatible. That probably means that Apple's desire to share subscriber revenue from its phones is not in the cards if it wants to do business with the world's largest cellphone company. According to TMCnet "China Mobile Chairman Wang Jianzhou... http://feeds.feedburner.com/~f/typepad/RyNm?i=UudatGG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=UudatGG) http://feeds.feedburner.com/~f/typepad/RyNm?i=RqI5u3G</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=RqI5u3G) http://feeds.feedburner.com/~f/typepad/RyNm?i=oGHtrog</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=oGHtrog)
complete story here... (http://www.247wallst.com/2008/04/china-mobile-ch.html)
The cat-and-mouse game between China Mobile (NYSE: CHL) and Apple (NASDAQ: AAPL) over the release of the iPhone in China continues. China Mobile has over 300 million subscribers and that figure is growing rapidly each quarter. The chief of China Mobile told the world that there are no negotiations. He says the business models of the two companies like are not compatible. That probably means that Apple's desire to share subscriber revenue from its phones is not in the cards if it wants to do business with the world's largest cellphone company. According to TMCnet "China Mobile Chairman Wang Jianzhou... http://feeds.feedburner.com/~f/typepad/RyNm?i=UudatGG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=UudatGG) http://feeds.feedburner.com/~f/typepad/RyNm?i=RqI5u3G</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=RqI5u3G) http://feeds.feedburner.com/~f/typepad/RyNm?i=oGHtrog</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=oGHtrog)
complete story here... (http://www.247wallst.com/2008/04/china-mobile-ch.html)