Santa came for many in China as iPhone preorders launched on the Christmas Day. China Mobile started accepting pre-registration for both the iPhone 5s and 5c via its website and through a customer service hotline Dec. 25. Apple (NASDAQ:AAPL) announced its partnership with China Mobile, the largest cell carrier in the world, on Sunday, stating the iPhone will be available to subscribers Jan. 17. Price points, however, have yet to be disclosed.
Stock prices rose about three percent after the announcement, jumping from $550 to $565, where it lingers (at time of writing). Analysts speculate this price will rise in 2014 as China Mobile’s subscriber-base officially adopts the iPhone. The Chinese carrier currently provides service to over 763 million customers, nearly two thirds of the entire country.
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