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AAPL Up 3 Percent Following News of China Mobile Deal

AAPL Up 3 Percent Following News of China Mobile Deal

AAPL stock is up just under 3% at 565.27 (+16.25) this morning in the wake of news of the finalization of a deal with the world’s largest wireless carrier, China Mobile.



After the fall in Apple’s stock value when the China Mobile failed to materialize as expected on 18th December, yesterday’s news that the deal had finally been concluded sent the stock shooting back up again…

The market seemed a bit nervous when a deal had failed to materialize on December 18th, which was the day The Wall Street Journal had reported was go-day for the deal.

Now that the deal has been signed and announced, it’s clear that investors are once more convinced that an excellent financial quarter is ahead for Apple once the handsets go on sale in January 2014.

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