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Monday, January 14, 2008

Apple Inc. (AAPL) and China Mobile Ltd.End iPhone Talks

Talks between China Mobile Ltd. and Apple Inc. over the launch of iPhone handsets in China have been called off, officials at the Chinese company said Monday.
"We can only say that negotiations have ended for now. We have no other news to report," said Li Honghui, a spokeswoman for China Mobile Communications Corp., the parent of cell phone carrier China Mobile. She declined to comment further.
Rainie Lei, a spokeswoman for China Mobile, earlier Monday also declined to say why the talks ended.

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