Apple's iPhone is about to get its mojo back
The largest wireless carrier in the world is finally moving to sell the device, according to reports.
DeWitt has a screengrab of an iPhone pre-order site from a China Mobile subsidiary which is in Suzhou, a city west of Shanghai. The site has since been taking down.
DeWitt says Suzhou is a good place for an iPhone launch because it has 5 million people, and it's one of the richest cities in China. Therefore its people will be able to afford iPhones.
China Mobile is very important for Apple's (AAPL) iPhone business. It has about 700 million subscribers. Selling iPhones to that new customer base should result in a nice pop in iPhone sales.
This is a big part of the reason Apple's stock is at its highest point for the year, and has been rising since bottoming out in June. The iPhone business looked like it was in trouble earlier this year. Today, things look much better.
NOTE: An earlier version of this story took the website, its iPhone ordering system and its provenance at face value. China Mobile's denial that a deal has been struck suggests that the site might have been a hoax."
I've had all the top of the line androids.. and everyone of them glitches out and had some sort of issue. apps opening and closing at random. Icons relocating to different screens, batteries that lasted no longer than 4 hours. I was a slave to my charger or some other battery case to increase life.
I went iPhone for the first time last month. All I can say is it does exactly what I want it to do whenever I want it too. The new IOs is fantastic! The battery goes all day! The voice txt is flawless.
I only switched because the phone was free from T-Mobile..... I will never look back.
NEVER bet against Apple.
Everything else is great...but it's not an iphone - and in the end....it's Toyota...it's Coca Cola....it's Polo...once a brand is this big and so far ahead worldwide in the "lust after" column.... it will be decades before there is any movement at the top....if there is.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Despite its size, the IPO will create just two new members of the 10-figure club from its executive ranks. A few others could net hundreds of millions.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.