After years of negotiations, Apple and China Mobile have finally closed a deal for the carrier to sell the iPhone. Rumors of the two companies working together started gaining momentum a few months ago with a report from the The Wall Street Journal, and now the same publication is reporting that the deal has been finalized.
We’re still waiting on an official confirmation from Apple and China Mobile, but now is probably a good time to buy Apple stock. Why? There are 700 million reasons.