What an Apple/China Mobile Deal Would Mean for ETFs

Apple has long been one of the most talked about securities on the market, as its meteoric rise took the investing world by storm. But lately, analysts seem to be discrediting the technology giant, fearing that the well is running dry and the firm is failing to find new ways to innovate. This sentiment has spooked a number of investors who would like to see Apple make more strides to increase its reach and grow revenues. Enter China Mobile , a Hong Kong-based telecom firm that provides service to hundreds of millions of Chinese citizens. As of July 2013, the company had just over 740 million subscribers under its belt, making it the largest telecom firm in the world. It also is one of the few wireless carriers in China that does not carry Apple products; a market in which Apple desperately needs to increase its stake. That may all [...] Click here to read the original article on ETFdb.com. Related Posts: Apple Vs. Samsung: Q&A With Scott Freeze How An Apple (AAPL) Dividend Would Impact ETFs Daily ETF Roundup: Stocks Finish Flat, XLK Tumbles On Microsoft And Google Earnings 25 Wild ETF Charts From 1H 2013 Daily ETF Roundup: XLK Rallies, REZ Pops On Housing Data