Apple Inc. (AAPL) iPhone Talks Break Down in China
Negotiations between Apple Inc. and China's largest mobile phone company have broken down, according to reports Friday.
China's Southern Daily newspaper cited unnamed sources and said negotiations to launch Cupertino-based Apple's (NASDAQ:AAPL - News) iPhone through China Mobile Ltd. failed because of differences over revenue sharing.
The newspaper said Apple plans to sell the iPhones directly now by opening stores in Beijing, and is in negotiations with Chinese mobile phone distributors.
Published November 30, 2007 by the Silicon Valley / San Jose Business Journal
China's Southern Daily newspaper cited unnamed sources and said negotiations to launch Cupertino-based Apple's (NASDAQ:AAPL - News) iPhone through China Mobile Ltd. failed because of differences over revenue sharing.
The newspaper said Apple plans to sell the iPhones directly now by opening stores in Beijing, and is in negotiations with Chinese mobile phone distributors.
Published November 30, 2007 by the Silicon Valley / San Jose Business Journal
Labels: AAPL, Apple Inc., iPhone
posted by Stock Administrator @ 2:55 PM
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