Apple Signs Deal with China Mobile

700 million more people will now have access to the iPhone lineup. The Wall Street Journal is reporting that Apple signed a deal with China Mobile today.

The launch of the iPhone5s and 5c is expected to be on December 18th to coincide with the launch of China Mobile’s 4G LTE network.

In September the Wall Street Journal also reported that Apple was ramping up production of the 5s and 5c for China Mobile to support the new frequency. Research firm Trefis estimates that Apple could sell another 20 million over last years numbers with China Mobile. This may have been evident with the recent run up in Apple’s stock price.

Apple stock price

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