China Mobile Profit Drops as Costs Rise With IPhone Release - Bloomberg

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China Mobile Profit Drops as Costs Rise With IPhone Release
Bloomberg
China Mobile Ltd. (941), the world's largest phone company by users, posted its third straight drop in quarterly profit as expenses for subsidizing Apple Inc. (AAPL)'s iPhone and building networks increased. Net income fell 9.4 percent to about 25.24 ...
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