It has been reported that Apple Inc. (NASDAQ:AAPL) may tap 600 Million users of
China Mobile with its iPhone running on the established 2G network in the
country. Apple Inc. (NASDAQ:AAPL) Attacking Huge Phone Market According to
reports, a deal between the Mac Maker and China Mobile will soon be okayed and
the Chinese company will start distributing Apple Inc. (NASDAQ:AAPL) iPhones in
the very near future. Its possible the iPhones China Mobile will sell are meant
for its 2G network, said C.K. Lu, an analyst with research firm Gartner. Apple
Inc. (NASDAQ:AAPL) shares were at 359.78 at the end of the last days trading.
Theres been a 6.6% movement in the stock price over the past 3 months. Apple
Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.22 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry
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