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Apple Inc (AAPL) News: Why Is China Mobile Ltd (CHL) Deal A Positive In The Long Term?

2013-12-05 25 Dailymotion

<p>Mark Newton, chief technical analyst at Greywolf Execution Partners, weighs in on the Apple Inc. (NASDAQ: AAPL) and China Mobile Ltd. (NYSE: CHL) deal that will launch the tech giant&#39;s iPhone on the world&#39;s largest network. In addition, Newton discusses how the deal is a positive for both companies in the long-term, and hints at what to expect with Apple&#39;s stock in 2014.</p><p>On Thursday, shares of Apple rose 1.19 to $571.78 in afternoon trading. </p>

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