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Ticker Summary (CHL)

50.94+0.43 (+0.85%)
Open 50.10
High 51.13
Low 50.10
Volume 1,474,071
Market Cap 204.4B
52 Week High 59.22
52 Week Low 44.41
P/E 12.19
F P/E N/A
EPS 4.18
Dividend 1.80
Yield 3.58%
1 Year Target 56.59

CHL 50.94 +0.85%

China Mobile Cancels Initial Negotiations with Apple (www.bloomberg.com)

China Mobile announced that they are no longer in talks with Apple Inc. to bring Apple's iPhone to the market in China. China Mobile reported that Apple wanted between 20 and 30 percent of fees related to data services, including downloading games, music, and websites, for all iPhone users. China mobile currently has 362.8 million wireless subscribers, more then the U.S., Japan, and the U.K. combined.

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2 years 241 days ago by Tim

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