No iPhone for China
Apple and China Mobile See Red, End Talks
There may have been many heavy hearts in the investor community ever since Apple Inc. and China Mobile called off talks this week of bringing the iPhone to China, effectively killing the chances of the phone reaching what could have been the phones biggest market audience.
China Mobile is the leading phone company in China and has an incredible 350 million subscribers — more than the entire U.S. population. Hopes were high as talks survived all the way from early November. The buzz that the massive provider would pick up the iPhone, raising its user base to a whole new level, was starting to gain support from analysts.
Full story: dailytech.com