Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Joseph Tsai Confirms Alibaba-Apple Co-op
Recommend 60 Positive 125 Negative 36 |
||||
|
||||
|
After BABA-W (09988.HK) Chairman Joseph Tsai confirmed the cooperation between the company and Apple (AAPL.US), the company' shares saw wilder upswing to peak at $124.3 this afternoon (13th). It last traded at $123.7, up 8.7%, with 226 million shares traded, involving $26.884 billion. Prior to this, rumor told that Apple had picked Alibaba to develop AI features for its iPhones in China. Tsai remarked that Apple needs a localized partner in China for the iPhone. Meanwhile, Apple has been selective, having talked with numerous companies in China, and eventually chose to do business with Alibaba. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
